The headquarters of the BCEAO served as the framework on Tuesday, April 15 for the 1st plenary meeting of the year of the group of French-speaking banking supervisors (Gsbf) in Dakar. For two days, members had discussions about the management and resolution of banking crises.

The Group of French-speaking Banking Supervisors (GSBF) aims to develop cooperation between its members and to promote the adoption of best practices in banking supervision. According to Jean Claude Kassi Brou, governor of BCEAO, assures, for a term of two years (2025-2026), “this meeting aims, through a common approach, to strengthen banking supervision and to promote financial stability in our respective jurisdictions. The themes addressed fully respond to the current and future challenges of our supervisory mission. The BCEAO and the Banking Commission, as regional regulatory and supervisory authorities of the 8 member countries of UMOA, are aware of the importance of cooperation between banking supervisors

For the latter, it is necessary to constantly adapt regulatory systems and anticipate risks that may affect the stability of banking and financial systems for better development in an interdependent global environment. A panel discussion on the theme of the meeting followed by a presentation on the evolution of the role of the supervisor in the fight against money laundering, the financing of terrorism and the proliferation of weapons of mass destruction in the context of changes in the standards of the Financial Action Task Force (FATF) are on the agenda for the first day