Securities and Exchange Commission of Central Africa completes commissioner swearing in and fully constitutes its College

The Securities and Exchange Commission of Central Africa has announced that a second round of commissioner swearing-in, held on June 6, 2026 before the CEMAC Community Court of Justice in N'Djamena, completed the renewal of its governing bodies and left its College fully constituted. The authority frames this as the point at which the College becomes fully operational and able to exercise all of its regulatory responsibilities for the regional financial market. The oath is presented as the legal step that triggers commissioners' effective assumption of office and authorizes them to sit on the College. Under the applicable community framework, commissioners are appointed on the basis of competence, experience and integrity, and are subject to requirements on independence, conflict-of-interest prevention and accountability. COSUMAF said the completed College reflects the institutional balance of CEMAC by bringing together representatives of member states, regional institutions and independent qualified figures with financial, legal and economic expertise. With the College now in place, COSUMAF said its next phase of work will focus on four priorities: strengthening and harmonizing the regional market rulebook, expanding financial literacy and the investor base, modernizing and securing market infrastructure, and improving market attractiveness including through innovation and support for issuers' access to market financing.