The Central Bank of Comoros is administered by a Board of Directors in which France participates, in accordance with its statutes , appendices to the monetary cooperation agreement .

The main missions are defined in Articles 6 to 13 of the new statutes in force since their adoption in December 2010.

The BCC defines and implements monetary policy (article 6). It is the guarantor of the stability of the currency, and it supports the economic policy of the Union of the Comoros.

Guarantor of the stability of the financial system, the BCC ensures the proper functioning of the banking system (article 7), by exercising the supervision and control of banking and financial activities and by ensuring the application of banking and financial regulations in force.

The sole monetary authority of the Union of the Comoros, the BCC has the exclusive privilege of issuing monetary signs, notes and metallic coins (article 8) and must ensure the proper functioning and security of payment and settlement systems (article 9).

The BCC may grant advances to banks guaranteed by securities approved by it or by deposits of gold or foreign currency. Likewise, it may, under certain conditions, discount, acquire, sell or repurchase or pledge claims on the Union of the Comoros, companies and individuals.

The BCC can receive funds in current accounts from banks and the Treasury as well as from any public or semi-public body.