OEC was established by the Law of 10 June 1999 On the Profession of Accountant. It is a mandatory membership organization for all certified chartered accountants (“experts-comptables”), individuals and firms that wish to offer accountancy and tax services. OEC’s responsibilities include to: (i) ensure that its members comply with all applicable laws and regulations; (ii) establish ethical requirements for its members; (iii) protect the rights and interest of the profession; (iv) advocate for the profession in legal and technical matters; (v) set and enforce continuing professional development requirements for its members; and (vi) to implement and oversee disciplinary measures of its members. In addition to IFAC membership, OEC is a member of Accountancy Europe.