The AMF has several tools available to remedy breaches of requirements by clearing houses. MFA is designed for countries geographically, economically and politically close to the Union. Support through a new programme of Macro-financial assistance over the period conditional on financial arrangement with IMF. The AMF can impose conditions and terms on the authorisation of a clearing house, either as a recognised clearing house or as an exempted clearing house.
The AMF has issued recognition orders in respect of all clearing houses authorised by it as recognised clearing houses requiring them to comply with the PFMIs. Macro-financial assistance MFA' is a form of financial aid extended by the Union to partner countries experiencing a balance of payments crisis.
MFA is exceptional in nature and is mobilised on a case-by-case basis to help countries dealing with serious balance-of-payments difficulties. The Commission will inform the budgetary authority regularly of the macro-financial situation of the beneficiary countries and will report extensively on the implementation of MFA on a yearly basis.