
Global Economy
FEC Updates Its 2025 Deposit Certificate Issuance Programme – AMMC Filing Completed
On July 22, 2026, the Moroccan Capital Market Authority (AMMC) officially recorded the 2025 reference document of the Fonds d’Équipement Communal (FEC). This filing completes the annual update of the information package related to the FEC’s deposit‑certificate issuance programme. The updated dossier, which includes the 2025 reference document and the original programme note from December 2019, is publicly accessible at the FEC headquarters, on the FEC website, and on the AMMC portal.
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AMMC Registers FEC’s 2025 Reference Document
On 22 July 2026, the Moroccan Capital Market Authority (AMMC) logged the reference document for the 2025 fiscal year of the Fonds d’Équipement Communal (FEC) under the file number EN/EM/016/2026.
What the Updated Dossier Contains
- Reference document for the 2025 exercise (EN/EM/016/2026).
- Original programme note filed on 24 December 2019 (reference EN/EM/021/2019).
The complete information package is now publicly accessible at the following locations:
- FEC’s headquarters.
- The official FEC website.
- The AMMC portal.
Why This Matters
The registration confirms that the FEC continues to comply with regulatory transparency standards, assuring investors and stakeholders of the validity and availability of its deposit‑certificate programme details.
For more details, interested parties can consult the documents directly through the links provided on the FEC and AMMC websites.