• Disciplinary and pecuniary sanctions against a bank operating in Côte d'Ivoire

During its session held on September 29 and 30, 2026, the WAMU Banking Commission, after hearing the relevant executives, issued a reprimand against a bank operating in Côte d'Ivoire. This disciplinary sanction is motivated by infractions and breaches of the legal and regulatory texts applicable to credit institutions. Specifically, weaknesses were noted in governance, risk management, and the framework for combating money laundering, terrorist financing, and the proliferation of weapons of mass destruction.

In addition to the aforementioned disciplinary sanction, the bank incurred a pecuniary sanction in the amount of three hundred million (300,000,000) CFA francs, in light of the above-mentioned infractions and deficiencies which fall under the second and third categories, in accordance with the provisions of Instruction No. 006-05-2018 of May 16, 2018, establishing the procedures for applying pecuniary sanctions imposed by the WAMU Banking Commission against WAMU credit institutions.

This publication is made for an indefinite period.

• Disciplinary and pecuniary sanctions against a bank located in Niger

During its session held on September 29 and 30, 2026, the WAMU Banking Commission, after hearing the relevant executives, issued a reprimand against a bank located in Niger. This disciplinary sanction is motivated by infractions and breaches of the legal and regulatory texts applicable to credit institutions. Specifically, weaknesses were noted in prudential standards, governance, risk management, and the framework for combating money laundering, terrorist financing, and the proliferation of weapons of mass destruction.

In addition to the aforementioned disciplinary sanction, the bank incurred a pecuniary sanction in the amount of three hundred million (300,000,000) CFA francs, in light of the above-mentioned infractions and deficiencies which fall under the second and third categories, in accordance with the provisions of Instruction No. 006-05-2018 of May 16, 2018, establishing the procedures for applying pecuniary sanctions imposed by the WAMU Banking Commission against WAMU credit institutions.

This publication is made for an indefinite period.

• Disciplinary and pecuniary sanctions against a bank established in Senegal

During its session held on September 29 and 30, 2026, the WAMU Banking Commission, after hearing the relevant executives, issued a reprimand against a bank established in Senegal. This disciplinary sanction is motivated by infractions and breaches of the legal and regulatory texts applicable to credit institutions. Specifically, weaknesses were noted in governance, risk management, and the framework for combating money laundering, terrorist financing, and the proliferation of weapons of mass destruction.

In addition to the aforementioned disciplinary sanction, the bank incurred a pecuniary sanction in the amount of three hundred million (300,000,000) CFA francs, in light of the above-mentioned infractions and deficiencies which fall under the second and third categories, in accordance with the provisions of Instruction No. 006-05-2018 of May 16, 2018, establishing the procedures for applying pecuniary sanctions imposed by the WAMU Banking Commission against WAMU credit institutions.

This publication is made for an indefinite period.