Regulatory Alerts2015-02-03
Added · Updated
Regulation No. 013/2015/BCC/DSBR on the Operation of the Credit and Payment Incident Central Registry
The Central Bank of the Comoros issues Regulation No. 013/2015 to mandate all credit institutions to join and fund the Credit and Payment Incident Central Registry (CdRIP) for monitoring credit solvency and payment defaults. The regulation establishes strict operational protocols for data declaration, identification of economic agents, and mandatory pre-transaction consultations to mitigate systemic risk. It further defines a cost-sharing model based on fixed and variable fees, alongside disciplinary sanctions for non-compliance or late reporting.
More like this from BCC
We email you every new BCC publication the day it's published.
Topics
Share