{"id":1256,"date":"2023-04-27T12:19:36","date_gmt":"2023-04-27T12:19:36","guid":{"rendered":"https:\/\/www.fgd-umoa.org\/intervention-framework\/legal-framework\/"},"modified":"2023-05-29T22:28:22","modified_gmt":"2023-05-29T22:28:22","slug":"legal-framework","status":"publish","type":"page","link":"https:\/\/www.fgd-umoa.org\/en\/intervention-framework\/legal-framework\/","title":{"rendered":"Legal framework"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1256\" class=\"elementor elementor-1256\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-93d7530 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"93d7530\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9e8408f\" data-id=\"9e8408f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5be5b7f elementor-widget elementor-widget-text-editor\" data-id=\"5be5b7f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The membership of Banks and Microfinance Institutions (SFD) to a deposit guarantee system is a legal obligation provided for by the Law on Banking Regulations and by the Law on the Regulation of Decentralized Financial Systems in force in the Monetary Union. West African (UMOA).<\/p>\n<p><span style=\"color: #da8252;\">\u2013 Article 65 of the Law relating to banking regulations<\/span><\/p>\n<p>\u00ab Credit institutions approved in the UMOA adhere to a deposit guarantee system \u00bb.<\/p>\n<p><span style=\"color: #da8252;\">&#8211; Article 69 of the Law regulating Decentralized Financial Systems<\/span><\/p>\n<p>\u00ab The Decentralized Financial Systems approved in the UMOA adhere to a deposit guarantee system \u00bb.<\/p>\n<p>The creation of the Deposit Guarantee and Resolution Fund in the West African Monetary Union (FGDR-UMOA) therefore falls within the framework of the application of the two aforementioned laws.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The membership of Banks and Microfinance Institutions (SFD) to a deposit guarantee system is a legal obligation provided for by the Law on Banking Regulations and by the Law on the Regulation of Decentralized Financial Systems in force in the Monetary Union. West African (UMOA). \u2013 Article 65 of the Law relating to banking regulations [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":1245,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"page-template-2.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-1256","page","type-page","status-publish","hentry"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"The membership of Banks and Microfinance Institutions (SFD) to a deposit guarantee system is a legal obligation provided for by the Law on Banking Regulations and by the Law on the Regulation of Decentralized Financial Systems in force in the Monetary Union. 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