Regulatory Alerts2011-11-15
COBAC Instruction I-2006/01 on Anti-Money Laundering and Counter-Terrorist Financing Information Framework
The Central African Monetary and Banking Commission (COBAC) issued Instruction I-2006/01 to standardize the collection, processing, and submission of anti-money laundering (AML) and counter-terrorist financing (CFT) data by regulated banks and financial institutions. The instruction mandates semi-annual reporting of designated ANIF/COBAC correspondents, foreign subsidiaries and branches, operational statistics, and internal control procedures through updated electronic files (F1621–F1625) and regulatory statements (DEC 1621/DEC 1625). It establishes precise submission deadlines, specifies data field requirements aligned with the ASTROLAB questionnaire, and integrates these elements into the existing CERBER framework to enhance regulatory oversight.