|
Regional Insurance Control Commission
The Regional Insurance Control Commission (french: Commission Régionale de Contrôle des Assurances, CRCA) is a supranational insurance supervisor established in 1993 and based in Libreville, Gabon. It is the single authority for insurers in the eight countries of the West African Monetary Union (French acronym UMOA), the six countries of the Economic and Monetary Community of Central Africa (CEMAC), as well as the Comoros, thus covering 15 countries in total: Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Comoros, Equatorial Guinea, Gabon, Guinea Bissau, Ivory Coast, Mali, Niger, Republic of the Congo, Senegal, and Togo. Overview The CRCA is the regulatory and supervisory arm of the (french: Conférence Interafricaine des Marchés d'Assurances, CIMA), a regional body that seeks to promote insurance market development. The statute of the CRCA was signed in Abidjan in September 1993, and it started operations in August 1995. The members of the Commission include ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supranationalism
A supranational union is a type of international organization that is empowered to directly exercise some of the powers and functions otherwise reserved to states. A supranational organization involves a greater transfer of or limitation of state sovereignty than other kinds of international organizations. The European Union (EU) has been described as a paradigmatic case of a supranational organization, as it has deep political, economic and social integration, which includes a common market, joint border control, a supreme court, and regular popular elections. Another method of decision-making in international organisations is intergovernmentalism in which state governments play a more prominent role. Origin as a legal concept After the dropping of atomic bombs on Hiroshima and Nagasaki in August 1945, Albert Einstein spoke and wrote frequently in the late 1940s in favour of a "supranational" organization to control all military forces except for local police forces, in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mali
Mali (; ), officially the Republic of Mali,, , ff, 𞤈𞤫𞤲𞥆𞤣𞤢𞥄𞤲𞤣𞤭 𞤃𞤢𞥄𞤤𞤭, Renndaandi Maali, italics=no, ar, جمهورية مالي, Jumhūriyyāt Mālī is a landlocked country in West Africa. Mali is the eighth-largest country in Africa, with an area of over . The population of Mali is million. 67% of its population was estimated to be under the age of 25 in 2017. Its capital and largest city is Bamako. The sovereign state of Mali consists of eight regions and its borders on the north reach deep into the middle of the Sahara Desert. The country's southern part is in the Sudanian savanna, where the majority of inhabitants live, and both the Niger and Senegal rivers pass through. The country's economy centres on agriculture and mining. One of Mali's most prominent natural resources is gold, and the country is the third largest producer of gold on the African continent. It also exports salt. Present-day Mali was once part of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Community Of West African States
The Economic Community of West African States (ECOWAS; also known as in French and Portuguese) is a regional political union, political and economic union of fifteen countries located in West Africa. Collectively, these countries comprise an area of , and in 2015 had an estimated population of over 349 million. Considered one of the pillar trade bloc, regional blocs of the continent-wide African Economic Community (AEC), the stated goal of ECOWAS is to achieve "collective self-sustainability, self-sufficiency" for its member states by creating a single large trade bloc by building a full economic and trading union. The union was established on 28 May 1975, with the signing of the Treaty of Lagos, with its stated mission to promote economic integration across the region. A revised version of the treaty was agreed and signed on 24 July 1993 in Cotonou. The ECOWAS also serves as a peacekeeping force in the region, with member states occasionally sending joint military forces to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Financial Regulatory Authorities By Jurisdiction
The following is an incomplete list of financial regulatory and supervisory authorities by individual jurisdiction. Central banks are only listed where they act as direct supervisors of individual financial firms. Unless they are set up exclusively for financial services, competition authorities and takeover panels are not listed. Financial intelligence units and policy banks are not listed, unless they also have a financial supervisory mandate. List of current authorities A-B * Afghanistan: Da Afghanistan Bank * Albania: Financial Supervisory Authority (AMF) * Algeria: Commission d'Organisation et de Surveillance des Opérations de Bourse (COSOB) * Andorra: Andorran Financial Authority (AFA) * Angola: Capital Markets Commission (CMC) and Agência Angolana de Regulação e Supervisão de Seguros (ARSEG) * Anguilla: Eastern Caribbean Central Bank and Financial Services Commission (FSC) * Antigua & Barbuda: Eastern Caribbean Central Bank and Financial Services Regulator ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Insurance And Occupational Pensions Authority
The European Insurance and Occupational Pensions Authority (EIOPA) is a European Union financial regulatory institution that replaced the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS). It is established under EU Regulatio1094/2010 EIOPA is one of the three European Supervisory Authorities responsible for microprudential oversight at the European Union level, being part of the European System of Financial Supervision. Current chair is Petra Hielkema. History CEIOPS (2003–10) was established under the terms of European Commission's Decision 2004/6/EC of 5 November 2003, currently repealed and replaced by Decision 2009/79/EC, and is composed of high level representatives from the insurance and occupational pensions supervisory authorities of the European Union's Member States. The authorities of the European Economic Area Member States also participated in CEIOPS. CEIOPS Secretariat was located in Frankfurt am Main. CEIOPS was a Level-3 Committee of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central African Financial Market Supervisory Commission
The Central African Financial Market Supervisory Commission (french: Commission de Surveillance du Marché Financier de l’Afrique Centrale, COSUMAF) is a supranational markets regulator established in 2019 and based in Libreville, Gabon. It is the single securities authority for the six countries of the Economic and Monetary Community of Central Africa (French acronym CEMAC), namely Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo. Overview The COSUMAF results from the merger of the national securities commissions of the six CEMAC member states in March 2019. As part of the same reform package enacted in 2018, the (french: Bourse des valeurs mobilières de l'Afrique centrale, BVMAC) absorbed the Douala Stock Exchange and relocated from Libreville to Douala, and the Bank of Central African States was designated as the regional central securities depository. The COSUMAF's head office in Libreville was inaugurated on . ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Markets Authority Of The West African Monetary Union
The Financial Markets Authority of the West African Monetary Union (french: Autorité des Marchés Financiers de l'Union Monétaire Ouest Africaine, AMF-UMOA) is a supranational markets regulator established in 1996 and based in Abidjan, Ivory Coast. It is the single securities authority for the eight countries of the West African Monetary Union (French acronym UMOA), namely Benin, Burkina Faso, Guinea Bissau, Ivory Coast, Mali, Niger, Senegal, and Togo. It was known from 1996 to 2020 as the Regional Council for Public Savings and Financial Markets (french: Conseil Régional de l'Epargne Publique et des Marchés Financiers, CREPMF). Overview The creation of a supranational securities authority followed the integration of bank supervision with the establishment in 1990 of the Banking Commission of the West African Monetary Union. On , an agreement was signed by the Council of Ministers of the West African Monetary Union that established the CREPMF as a body responsible for the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central African Banking Commission
The Central African Banking Commission (french: COmmission Bancaire de l'Afrique Centrale, COBAC) is a supranational bank supervisor established in 1990 and based in Libreville, Gabon. It is institutionally part of the Bank of Central African States (French acronym BEAC) and is the single banking supervisor for the six countries of the Economic and Monetary Community of Central Africa (CEMAC),namely Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and the Republic of the Congo. Overview On , following similar reform pioneered by the Central Bank of West African States earlier the same year, the member states decided to pool their banking supervision and created the COBAC for that purpose within the BEAC. On , a follow-up agreement harmonized banking regulation in the region, paving the way for the effective establishment of the COBAC in January 1993. The COBAC is chaired by the Governor of the BEAC and managed by a permanent secretary-general. In late 201 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking Commission Of The West African Monetary Union
The Banking Commission of the West African Monetary Union (french: Commission Bancaire de l'Union Monétaire Ouest Africaine, CB-UMOA) is a supranational bank supervisor established in 1990 and based in Abidjan, Ivory Coast. It is institutionally part of the Central Bank of West African States (French acronym BCEAO) and is the single banking supervisor for the eight countries of the West African Monetary Union (UMOA), namely Benin, Burkina Faso, Guinea Bissau, Ivory Coast, Mali, Niger, Senegal, and Togo. Overview In 1989, BCEAO Governor Alassane Ouattara promoted the creation of a single banking supervisory authority for the entire West African Monetary Union, in a context of banking sector fragility in West Africa and widespread supervisory failure by the then-existing national banking commissions of the individual UMOA member states. The Banking Commission was established by an international convention signed by the participating governments in Ouagadougou on , complemented ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abidjan
Abidjan ( , ; N'Ko script, N’ko: ߊߓߌߖߊ߲߬) is the economic capital of the Ivory Coast. As of the Demographics of Ivory Coast, 2021 census, Abidjan's population was 6.3 million, which is 21.5 percent of overall population of the country, making it the sixth most populous city proper in Africa, after Lagos, Cairo, Kinshasa, Dar es Salaam, and Johannesburg. A cultural crossroads of West Africa, Abidjan is characterised by a high level of industrialisation and urbanisation. It also is one of the most populous French-speaking cities in Africa. The city expanded quickly after the construction of a new wharf in 1931, followed by its designation as the capital city of the then-French colony in 1933. The completion of the Vridi Canal in 1951 enabled Abidjan to become an important sea port. Abidjan remained the capital of the Ivory Coast after its independence from France in 1960. In 1983, the city of Yamoussoukro was designated as the official political capital of Ivory Coast. Ho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Togo
Togo (), officially the Togolese Republic (french: République togolaise), is a country in West Africa. It is bordered by Ghana to the west, Benin to the east and Burkina Faso to the north. It extends south to the Gulf of Guinea, where its capital, Lomé, is located. It covers about with a population of approximately 8 million, and has a width of less than between Ghana and its eastern neighbor Benin. From the 11th to the 16th century, tribes entered the region from various directions. From the 16th century to the 18th century, the coastal region was a trading center for Europeans to purchase slaves, earning Togo and the surrounding region the name "The Slave Coast". In 1884, Germany declared a region including a protectorate called Togoland. After World War I, rule over Togo was transferred to France. Togo gained its independence from France in 1960. In 1967, Gnassingbé Eyadéma led a successful military coup d'état, after which he became president of an anti-communist, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Senegal
Senegal,; Wolof: ''Senegaal''; Pulaar: 𞤅𞤫𞤲𞤫𞤺𞤢𞥄𞤤𞤭 (Senegaali); Arabic: السنغال ''As-Sinighal'') officially the Republic of Senegal,; Wolof: ''Réewum Senegaal''; Pulaar : 𞤈𞤫𞤲𞤣𞤢𞥄𞤲𞤣𞤭 𞤅𞤫𞤲𞤫𞤺𞤢𞥄𞤤𞤭 (Renndaandi Senegaali); Arabic: جمهورية السنغال ''Jumhuriat As-Sinighal'') is a country in West Africa, on the Atlantic Ocean coastline. Senegal is bordered by Mauritania to the north, Mali to the east, Guinea to the southeast and Guinea-Bissau to the southwest. Senegal nearly surrounds the Gambia, a country occupying a narrow sliver of land along the banks of the Gambia River, which separates Senegal's southern region of Casamance from the rest of the country. Senegal also shares a maritime border with Cape Verde. Senegal's economic and political capital is Dakar. Senegal is notably the westernmost country in the mainland of the Old World, or Afro-Eurasia. It owes its name to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
