CEMAC - Regulation No. 02/03/CEMAC/UMAC/CM - On Systems and Means of Payments


The CEMAC's Regulation No. 02/03 sets forth provisions to establish a regulatory framework for the means and systems of payments for CEMAC member states. The regulation seeks the establishment and operation of modern, efficient, fast and secure payment systems in accordance with international standards, and the prevention, centralization and repression of payment incidents. The regulation is divided into several chapters, and covers the following topics:

1. Means of Payments
2. Prevention and Centralization of Payment Incidents
3. Repayment of Payment Incidents
4. Payment Systems and Interbank Guarantees

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Friday, April 4, 2003
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