Regulatory AlertsPayments regulation in Madagascar
Payment systems, e-money, instant payments, remittances and payment-services regulation across jurisdictions. 25 publications, summarized in English and updated same-day.
2026-01-06
Law No. 2016-056 on Electronic Money and Electronic Money Institutions
Madagascar
BFM
2026-01-06
Law No. 2017-026 on Microfinance
Madagascar
BFM
2024-10-03
Instruction No. 001/2024-DSP of 1 October 2024 on the Operation of Madagascar's Instant Payment System
Madagascar
BFM
2022-06-16
Instruction No. 001-22-DSP of June 16, 2022 on the Operation of the Automated Clearing and Settlement System
Madagascar
BFM
2021-05-04
Instruction No. 001/2021-CSBF Amending Instruction No. 003/2017-CSBF of 29 September 2017 on the Global Account of Electronic Money Institutions
Madagascar
BFM
2020-05-20
Instruction No. 001/2020-CSBF on Exceptional Due Diligence Measures for Customer Identification When Opening a Special Electronic Money Account
Madagascar
BFM
2019-09-06
Decision No. 013/2019-CSBF extending authorized activities to Société Générale Madagasikara
Madagascar
BFM
2019-09-06
Decision No. 012/2019-CSBF Approving Airtel Mobile Commerce Madagascar as an Electronic Money Institution
Madagascar
BFM
2019-03-01
Decision No. 003/2019-CSBF Approving Orange Money Madagascar as an Electronic Money Institution
Madagascar
BFM
2018-11-09
Instruction No. 003-DDI/2018 amending certain provisions of Instruction No. 001-DCR/2010 of 8 November 2010 on the procedures for reporting, processing, and exploiting information regarding cheque payment incidents
Madagascar
BFM
2018-10-24
Instruction No. 002-DDI/2018 on the Operating Procedures of the BFM Account Central
Madagascar
BFM
2018-10-05
Instruction No. 001-DSP/2018 of October 5, 2018 on the Closure of the Manual Clearing House of Antananarivo
Madagascar
BFM
2018-04-12
Instruction No. 001/2018-CSBF on the Exercise of Electronic Money Activities by Credit Institutions
Madagascar
BFM
2018-04-12
Instruction No. 002/2018-CSBF on Electronic Money Distribution Agents
Madagascar
BFM
2017-12-22
Instruction No. 001-DSP/2017 Amending Certain Provisions of Instruction No. 001-DSP/09 dated September 22, 2009 on the Operation of the Automated Clearing and Settlement System
Madagascar
BFM
2017-09-29
Instruction No. 003/2017-CSBF on the Global Account of Electronic Money Institutions
Madagascar
BFM
2017-02-02
Law No. 2016-056 on Electronic Money and Electronic Money Institutions
Madagascar
BFM
2016-04-28
Instruction No. 001-DSP/2016 of April 28, 2016 on the Closure of Manual Clearing Rooms Outside Antananarivo and Establishing the Operating Procedures for the Manual Clearing Room in Antananarivo
Madagascar
BFM
2014-12-10
Law No. 2014-024 on Electronic Transactions
Madagascar
BFM
2010-11-08
Instruction No. 001-DCR/2010 on the Procedures for Declaring, Processing, and Utilizing Information Regarding Payment Incidents on Cheques
Madagascar
BFM
2010-11-08
Instruction No. 001-DCR/2010 of November 8, 2010 on the procedures for reporting, processing and utilization of information regarding payment incidents on cheques
Madagascar
BFM
2010-08-18
Instruction No. 001-DCF/10 of August 18, 2010 on the Improvement of Banknote Circulation
Madagascar
BFM
2009-09-22
Instruction No. 001-DSP/09 of September 22, 2009 on the Operation of the Automated Clearing and Settlement System
Madagascar
BFM
2006-12-13
Instruction No. 044/06-GV/OF of December 13, 2006 on the Reorganization of Clearing House Operations
Madagascar
BFM
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