CEMAC: insurance companies challenge BEAC on foreign exchange regulations

Insurance and reinsurance companies operating in the countries of the Economic and Monetary Community of Central Africa (CEMAC), members of the Inter-African Conference on Insurance Markets (CIMA) apply to the Bank of the States of Central Africa (BEAC) adjustments to the new foreign exchange regulations. Faced with certain operational difficulties in a difficult environment reinforced by the Covid-19 pandemic, insurance companies would like relief to be made on certain provisions of the exchange regulations in force for three years. Beyond the adoption by the community bodies which confer on the BEAC the legality

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