Burkina Faso
4 regulators · 6 laws & regulations · 9 obligations · 10 enforcement actions
| Date | Entity | Regulator | Action | Penalty | Source | Summary |
|---|---|---|---|---|---|---|
| 1 Jul 2026 | Une banque implantée au Burkina Faso (not named in the release) (bank) | Commission Bancaire de l'UMOA (UMOA Banking Commission) | Monetary Penalty Formal Reprimand | XOF 300,000,000 | official | |
154th session of the Collège de Supervision, held on 1 July 2026 (release of 6 August 2026). A bank operating in Burkina Faso received a reprimand and a fine of 300,000,000 FCFA for shortcomings in governance, risk management and AML/CFT/CPF controls. |
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| Mar 2026 | Société Burkinabè de Crédit Automobile (SOBCA) (credit company) | Commission Bancaire de l'UMOA (UMOA Banking Commission) | Licence Action | — | official | |
152nd session of the Collège de Supervision, held on 17-18 March 2026. The disciplinary procedure against SOBCA, an automobile credit company, ended with withdrawal of its licence and liquidation, citing near-general breaches of prudential regulation, non-compliance with supervisory orders since 2022 and no viable recovery prospects. The BCEAO press listing dates the release 2 July 2026. |
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| Jun 2025 | Une banque implantée au Burkina Faso (not named in the release) (bank) | Commission Bancaire de l'UMOA (UMOA Banking Commission) | Monetary Penalty Formal Reprimand | XOF 151,000,000 | official | |
147th session of the Collège de Supervision, held on 25-26 June 2025 (release of 25 July 2025). A bank operating in Burkina Faso received a warning and a fine of 151,000,000 FCFA for weaknesses in governance, risk management and the AML/CFT/CPF framework. |
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| Mar 2025 | Une banque implantée au Burkina Faso (not named in the release) — second bank (bank) | Commission Bancaire de l'UMOA (UMOA Banking Commission) | Monetary Penalty Formal Reprimand | XOF 151,000,000 | official | |
146th session of the Collège de Supervision, held on 20-21 March 2025 (release of 15 May 2025). The second bank sanctioned in Burkina Faso received a warning and a fine of 151,000,000 FCFA for weaknesses in its AML/CFT framework, found during an inspection. |
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| Mar 2025 | Une banque implantée au Burkina Faso (not named in the release) — first bank (bank) | Commission Bancaire de l'UMOA (UMOA Banking Commission) | Monetary Penalty Formal Reprimand | XOF 300,000,000 | official | |
146th session of the Collège de Supervision, held on 20-21 March 2025 (release of 15 May 2025). One of two banks sanctioned in Burkina Faso received a reprimand and a fine of 300,000,000 FCFA for breaches of the rules for credit institutions, with weaknesses in governance and risk management. |
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| 12 Nov 2024 | Une banque implantée au Burkina Faso (not named in the release) (bank) | Commission Bancaire de l'UMOA (UMOA Banking Commission) | Monetary Penalty Formal Reprimand | XOF 151,000,000 | official | |
143rd session of the Collège de Supervision, held on 12 November 2024 (release of 23 December 2024). A bank operating in Burkina Faso received a reprimand and a fine of 151,000,000 FCFA for shortcomings in prudential oversight, governance, risk management and the AML/CFT framework. |
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| 23 Sep 2024 | Une banque implantée au Burkina Faso (not named in the release) (bank) | Commission Bancaire de l'UMOA (UMOA Banking Commission) | Monetary Penalty Formal Reprimand | XOF 300,000,000 | official | |
142nd session of the Collège de Supervision, held on 23 September 2024 in Bissau (release of 23 October 2024). A bank operating in Burkina Faso received a reprimand and a fine of 300,000,000 FCFA for weaknesses in governance, risk management and the prudential framework and breaches of the rules for credit institutions. |
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| 18 Dec 2023 | Une banque implantée au Burkina Faso (not named in the release) (bank) | Commission Bancaire de l'UMOA (UMOA Banking Commission) | Monetary Penalty Formal Reprimand | XOF 151,000,000 | official | |
138th session of the Collège de Supervision, held on 18 December 2023 (release of 24 January 2024). A bank installed in Burkina Faso received a reprimand and a fine of 151,000,000 FCFA for breaches of AML/CFT laws and regulations. |
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| 14 Jun 2023 | Un système financier décentralisé (SFD) implanté au Burkina Faso (not named in the release) (decentralised financial system (microfinance)) | Commission Bancaire de l'UMOA (UMOA Banking Commission) | Licence Action | — | official | |
133rd session of the Collège de Supervision, held on 14 June 2023 (release of 12 July 2023). The licence of a decentralised financial system in Burkina Faso was withdrawn, citing near-total cessation of activity, no lending for over three years, inability to meet member withdrawals, dysfunctional governance bodies and no viable recovery prospect. |
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| 20 Jun 2022 | Manager of an unnamed SFD in Burkina Faso (not named in the release) (individual (manager of a decentralised financial system)) | Commission Bancaire de l'UMOA (UMOA Banking Commission) | Prohibition Order | — | official | |
128th session of the Collège de Supervision, held on 20 June 2022. A manager of a decentralised financial system in Burkina Faso was barred for five years from the notification of the decision from directing, administering or managing any institution under the Commission's supervision, because of acts in the course of duties and their effects on the institution. Publication runs for five years from 13 July 2022. |
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| No enforcement actions match these filters. | ||||||