Regulatory Alerts2025-08-01
BCEAO Instruction No 07 07 2025 RFE on Operating Conditions for Manual Exchange Dealers
The BCEAO issues Instruction No 07-07-2025 RFE to establish operating conditions for manual exchange dealers, mandating strict compliance with financial resource thresholds and control procedures. Natural persons holding existing licenses must convert to legal entities within one year of publication, while non-compliant legal entities are granted the same period to meet financial requirements and submit mandated documentation. The Instruction repeals all prior regulatory provisions on the subject, takes effect on August 1, 2025, and enforces sanctions for infractions under UEMOA external financial regulations.
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