1/25/CEMAC/UMAC/CM/COBAC of July 12, 2025, which sets the operating conditions and supervisory framework for deposit and consignment funds in the CEMAC region. Annulment Case Still PendingThe CDEC says it has asked the CEMAC Court of Justice in N'Djamena to annul the 2025 regulation. The regional regulation considers certain activities carried out by deposit and consignment funds to fall under the banking rules established by the 1992 convention harmonizing banking regulation across Central Africa. The first is judicial, through the pending annulment case before the CEMAC Court of Justice. If the court upholds the regulation, COBAC would strengthen its authority over the activities, governance and management of deposit and consignment funds throughout the region.