Africa ETP News
you are currently viewing::BRVM's eight countries move to T+2 settlement on 4 DecDecember 2, 2025-The West African regional securities market is switching to T+2 settlement (second day after trading) with effect from the trading session this Thursday, 4 December. The move has been prepared by the Dépositaire Central / Banque de Règlement (DC/BR, central depository and settlement bank) and will take effect from Friday's trading on the Bourse Régionale des Valeurs Mobilières (BRVM). The BRVM and the DC/BR are financial institutions at the heart of the capital markets of the West Africa Monetary Union (WAMU, or l'nion Monétaire Ouest-Africaine -UMOA), which draws together eight countries with a shared currency (CFA franc or XOF) and a single central bank Banque Centrale des États de l’Afrique de l'Ouest (BCEAO) and one capital markets regulator l'Autorité des Marchés Financiers de l’Union Monétaire Ouest Africaine (AMF-UMOA), which has approved the change to T+2 . The DC/BR is based in Abidjan. The eight countries are: Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo. Source: africancapitalmarketsnews.com |
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