Missions
The DC/BR is responsible for the custody and circulation of dematerialized securities within the UEMOA zone. It acts on behalf of both issuers and intermediaries. Acting as a Settlement Bank, it can hold the cash balances of traders. As the central structure of the regional financial market, DC/BR is responsible for the following tasks :
- codification of securities exclusively for the UEMOA zone ;
- centralizing the custody of securities accounts for its members;
- settlement of stock market transactions;
- the settlement of balances resulting from the clearing of market transactions and the payment of events on securities (interest, dividends, etc.);
- management of securities transactions (securities transfers, pledging of securities, repurchase agreements, securities releases, etc.);
- management of the Market Guarantee Fund.