A call for tenders is open until September 18 to select an auditor who will assess the platform’s compliance and make recommendations.
The Central African Stock Exchange (BVMAC) has just launched a call for tenders for an external audit mission of its rating system. The Managing Director justifies this action with the desire to reassure himself that he has a platform dedicated to listing that complies with standards. ” BVMAC has a values infrastructure published by EURONEXT called ”NSC V 900”, but has not been maintained by this publisher for several years. wrote Louis Fear the Neck.
So it’s a question of doing a “comprehensive study of the current practices of the NSC V900 BVMAC rating system”, read the call for proposals. The goal is mission dependent assess the platform’s compliance with local regulatory standards; identify current system strengths and weaknesses, particularly in task management, user connections, data entry processes, validation, deletion and deletion your circumstances, etc.
The study will therefore cover several aspects. IT systems and security, the registration process, regulatory compliance, risk management. Ultimately the mission will compile recommendations for the development and optimization of the system. For BVMAC officials, this investigation is a major issue regarding the credibility of the stock market. ” Since the reliability and transparency of the rating system is essential to guarantee investor confidence and the flexibility of stock market transactions, the BVMAC wants to initiate an external investigation to examine processes, systems and user practices within the evaluate his rating system. confirms Louis Fear Collar.
Interested parties must submit their offers no later than September 18, 2024.