# Instruction N° 14/GR/2019
# On the communication of information to the Central Bank as part of the monitoring of foreign exchange regulations
# THE GOVENOR
Mindful of the Statutes of the Bank of Central African States in force;
Mindful of Regulation No. 02/18/CEMAC/UMAC/CM of 21 December 2018 on exchange rate regulation in CEMAC;
Pursuant to articles 144 and 146 of the said Regulations,
# HEREBY GIVES THE FOLLOWING INSTRUCTIONS
Article 1 - This Instruction defines the category of economic agents, the nature and frequency of the information communicated to the Central Bank for monitoring exchange regulations.
Article 2.- This Instruction applies to the following economic agents:
approved intermediaries Payment institutions; - Custom administrations; - the administrations in charge of the public debt; other legal entities; individuals.
# Section 1 - Periodic declarations of authorised intermediaries
Article 3.- Credit institutions communicate daily to the Central Bank:
- the status on D-1 of all orders issued externally;
-the status on D-1 of all transfers received from outside;
messages to correspondents on D-1 ordering currency retrocessions to the Central Bank;
- the summary statement of the balances of all nostri accounts, all currencies combined, together with the corresponding statements;
The overall state of current needs within the meaning of foreign exchange regulations, as determined the day before.
# Article 4.- Credit institutions communicate on a monthly basis to the Central Bank:
- the status of cumulative payment and withdrawal transactions exceeding CFAF 5 million carried out outside CEMAC with electronic payment instruments;
- the status of external payments made online from CEMAC with electronic payment instruments for amounts exceeding 1 million CFA francs;
the status of direct debits and settlements of imports of goods and services; the status of direct debits and settlements of exports of goods and services; -the status of purchases and sales of foreign currencies to customers; - the statement of foreign currency accounts of non-residents; - the statement of residents' foreign currency accounts; - the status of exchange rate commitments entered into by exporters; -the status of the conditions applied and the pricing of foreign trade services.
# Article 5.- Credit institutions communicate on a termly basis to the Central Bank:
- the summary statement of movements in the foreign currency accounts of nonresidents located outside CEMAC:
-the statement of own-account investments in securities abroad; the statement of investments, on behalf of clients, in securities abroad: - the statement of receipts and repayments of loans contracted by customers from nonresidents: - the statement of receipts and repayments of loans contracted on own account with non-residents; the statement of loans granted to non-residents and related repayments; the status of loan disbursements to non-residents and their repayments.
# Article 6.- Credit institutions communicate on a biannual basis to the Central Bank:
- the list of their sub-delegated establishments, with details of the sub-delegations granted or withdrawn during the period;
- the summary statement of foreign portfolio investments in CEMAC, in the form of equity investments, exceeding CFAF 100 million;