Loi n° 103-12 relative aux établissements de crédit et organismes assimilés (Law No. 103-12 on credit institutions and similar bodies)

The banking law, promulgated by Dahir n° 1.14.193 of 24 December 2014 (BO 6328 of 22 January 2015). It covers credit institutions (banks and finance companies), payment institutions (Arts. 15-17, 22) and participative banks (Arts. 54-58), and sets up a disciplinary committee that proposes sanctions (Art. 28, Art. 178).