Meeting on Tuesday, October 21, 2025, in Abidjan, Côte d'Ivoire, the Board of Directors of the Central Depository/Settlement Bank (DC/BR) approved the transition of the settlement and delivery cycle of transactions of securities on the regional financial market for three to two days.

According to a press release, the Board of Directors of the Central Depository/Settlement Bank (Dc/Br) approved the provisions regulations for the transition of the payment/delivery cycle from D+3 to D+2. According to from the same source, this reduction in the regulation/delivery cycle aims to improve the liquidity of the regional financial market as well as to reduce the risks and increase operational efficiency.

The work of this session chaired by the President of the Board of directors, Faman Touré also allowed Dc/Br to adopt the terms of late payment.

The approval of these two projects as well as the modalities of their implementation by the Dc/Br takes place after the authorization of the Authority Financial Markets of the West African Monetary Union (Amf-Umoa).

The Central Depositary/Settlement Bank is a specialized financial institution of UMOA, whose head office is located in Abidjan, in Ivory Coast. It centralizes the custody of securities for its members and ensures the smooth running of the operations of payment/delivery following stock market transactions, while completing a community public service mission.