The application of CEMAC foreign exchange regulation to companies in the extractive sector

22/12/21
The application of CEMAC foreign exchange regulation to companies in the extractive sector

What to expect on 1st January 2022 ?

The application of CEMAC foreign exchange regulation to companies in the extractive sector

« On the thead. It is only a few weeks before the end of the last moratorium set for December 31 st, 2021 that the Bank of Central African States (BEAC or Central Bank ) and companies in the upstream oil and gas and mining sectors (Extractive Companies), have agreed to apply – but with significant adaptation measures – the provisions of the foreign exchange regulations of the Central African Economic and Monetary Community (CEMAC) as resulting mainly from the Regulation n°02/18/CEMAC/UMAC/CM of December 21st, 2018 (the“2018 Regulation”)… »

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Un article publié dans Lexbase Afrique-OHADA n°50 du 16 décembre 2021 : Bancaire/Sûretés et rédigé par :

Co-écrit avec Flora Wamba, Co-funding Partner of Chazai & Partners « ]

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