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IGOC 2026: CGEM and Morocco’s Office of Foreign Exchange Unveil Key Regulatory Reforms

On February 18 2026, the Moroccan General Confederation of Enterprises (CGEM) welcomed Dr Driss Benchikh, Director of the Office of Foreign Exchange, for an informative session on the 2026 General Instruction on Foreign Exchange Operations (IGOC 2026). The gathering highlighted the new regulatory architecture, the simplification measures introduced, and the practical steps for implementation, while stressing the importance of an ongoing dialogue between regulators and the business community.

February 18th, 2026
2 min read
By boursenews.ma

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Background

On February 18 2026, the General Confederation of Enterprises of Morocco (CGEM) hosted Dr Driss Benchikh, Director of the Office of Foreign Exchange, for a briefing dedicated to the latest changes brought by the 2026 General Instruction on Foreign Exchange Operations (IGOC 2026).

Main Changes Introduced by IGOC 2026

  • New regulatory architecture: a streamlined, modular framework that separates core procedures from optional services.
  • Relaxation and simplification measures: reduced documentation, faster approvals, and broader thresholds for automatic compliance.
  • Practical implementation guidelines: step‑by‑step checklists, dedicated online portals, and a transition timetable extending to the end of 2026.

CGEM’s Response

The business federation welcomed the effort to make the foreign‑exchange regime more transparent and predictable. CGEM emphasized that continuous dialogue is essential to ensure the new rules match the real‑world needs of Moroccan entrepreneurs.

Office of Foreign Exchange Commitment

The Office reiterated its pledge to maintain a clear, accessible, and economically‑aligned regulatory environment. It highlighted a user‑centric approach that will support companies through training sessions, help‑desks, and regular updates.

Related Articles

  • Jan 22 2026 – Casablanca Stock Exchange workshop on industrial financing.
  • Dec 17 2025 – CGEM elects Rochdi Talib as president of the Moroccan Health Services Federation.
  • Dec 5 2025 – New charter to improve SME access to financing.

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