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Bourse Régionale des Valeurs Mobilières SA
       
 
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Bourse Régionale des Valeurs Mobilières SA
 
 
Mission statement: 

The mission of the BRVM is to:
organize the securities market;
disseminate market information;
promote the market.
History: 

Time line Market integration by the BRVM is a political, institutional and technical success. The Bourse Régionale and Dépositaire Central/Banque de Règlement (DC/BR) were established in several phases:
November 14, 1973: Treaty signed establishing the West African Monetary Union (WAMU) which created a financial market organized into sub-regions.
December 17, 1993: WAMU Council of Ministers decides to create a Regional Financial Market and mandates the Central Bank of West African States (BCEAO) to conduct the project.
December 18, 1996: Various preliminary activities are conducted resulting in the formation in Cotonou of Bourse Régionale des Valeurs Mobilières S.A. (BRVM) and Dépositaire Central/Banque de Règlement S.A. (DC/BR), thus marking the end of the BCEAO mandate and the takeover of project management by its own agencies.
November 20, 1997: Union's Council of Ministers establishes the Regional Council for Public Saving and Financial Markets.
September 16, 1998: BRVM and DC/BR begin operations.


 
 
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