Regulatory Alerts2026-01-01
Circular No. 2026/BCC/DESM on the Interbank Market
The Central Bank of the Comoros (BCC) officially launches the interbank market to optimize liquidity management and enhance monetary policy transmission among credit institutions. The circular establishes an operational framework requiring banks to manage credit and liquidity risks through bilateral credit lines and standardized transaction confirmations. It mandates monthly reporting of interbank activities and outlines specific settlement obligations and penalty rates for non-compliance during the market's initial phase.
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