In accordance with Regulation No. COBAC R-2016/02 relative to the changes in the status of credit institutions, the application for prior authorization to open an information, representation or liaison office must include the following information;
- The minutes of the deliberative body that decided on the operation,
- Where applicable, the name chosen for the office,
- A note highlighting the objectives sought through the creation of the representative office, the anticipated number of employees and a description of the duties to be performed by each of them,
- The curriculum vitae of the principal person in charge of the office,
- A document certifying that no member of the office staff is subject to any of the prohibitions and incompatibilities provided for by the regulations in force.