Regulatory Alerts2020-06-30
Regulation on Emergency Liquidity Assistance (Decision No 343/2019)
The Executive Board of the National Bank of Moldova issued Decision No 343/2019 to approve a regulation establishing the legal framework for Emergency Liquidity Assistance (ELA). The rules define eligibility criteria, collateral standards, pricing mechanisms, and reporting requirements for providing liquidity support to solvent but illiquid financial institutions. Effective as of 30 June 2020, the regulation standardizes central bank liquidity interventions to preserve financial stability and mitigate systemic funding risks.
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