Commission Bancaire de l'UMOA (UMOA Banking Commission)
Supervises
Banking
Who they are
Banking supervisor of the West African Monetary Union, covering Benin. It has no separate website; its presentation page sits on the BCEAO site.
What they do
Grants and withdraws licences of credit institutions, supervises credit institutions and decentralised financial systems, and imposes administrative measures and disciplinary sanctions on institutions or their managers. It can appoint a provisional administrator or liquidator.
Enforcement by this regulator
| Date | Entity | Action | Penalty | Source |
|---|---|---|---|---|
| Jun 2025 | Une banque implantée au Bénin (not named in the release) (bank) | Monetary Penalty Formal Reprimand | XOF 300,000,000 | official |
| 16 Dec 2024 | Une institution de monnaie électronique implantée au Bénin (not named in the release) (electronic money institution) | Monetary Penalty Formal Reprimand | XOF 38,000,000 | official |
| 12 Nov 2024 | Une banque implantée au Bénin (not named in the release) (bank) | Monetary Penalty Formal Reprimand | XOF 300,000,000 | official |
| 20 Sep 2022 | A director of Banque Y (Bénin) (individual (bank director)) | Prohibition Order | — | official |
| 20 Sep 2022 | Banque Y (Bénin) (bank) | Monetary Penalty Formal Reprimand | XOF 300,000,000 | official |
| 20 Sep 2022 | Banque X (Bénin) (bank) | Monetary Penalty Formal Reprimand | XOF 300,000,000 | official |
| 20 Jun 2022 | Une banque implantée au Bénin (not named in the release) (bank) | Monetary Penalty Formal Reprimand | XOF 200,000,000 | official |
Latest news
No news tagged to this regulator yet.
Related regulators
Others in Benin supervising overlapping sectors.