On Thursday, April 6, the Financial Markets Authority of the West African Monetary Union (AMF-UMOA) presented in Dakar, the UMOA financial market risk mapping and the implementation of a risk management system.

The Financial Markets Authority of the West African Monetary Union (AMF-UMOA) has undertaken to provide the UMOA regional financial market with risk mapping and a risk management system as part of the D implementation of reform projects aimed at making the AMF-UMOA financial center a safe, dynamic and secure space. This is what the Secretary General of the Authority Ripert Bossoukpe reports. According to him, the challenge of setting up a risk map is to distinguish the problem related to market development and the risks borne by investors and to achieve one of the important objectives of regulating financial markets, namely the reduction of systemic risks.

In reality, the current market is highly risky despite the potential. Thus, the firm Mazars, which was appointed to carry out this study, reports on activities in the public securities market by auction (UMOA-Title), with routes of issuance on the MFR public securities market that are not very diversified and public securities issued mainly by auction. Babacar Sène, Director of Studies and Statistics at Cheikh Anta Diop University in Dakar, announced that on behalf of the research firm, the evolution of the number of public securities transactions is seasonal, marked by a period of decline in the 2nd and 3rd quarters of the year and a period of increase in the 4th quarter of the year. Treasury Equivalent Bonds (Oats) with a high coupon are subject to a low volume of transactions on the government securities market.