Regulatory Alerts2026-01-29
Regulation No. 2023-01 — Miscellaneous targeted revisions to current supervisory provisions
The Central Bank of the Republic of San Marino issues Regulation No. 2023-01 to implement targeted revisions to existing supervisory provisions, including updates to administrative procedures, advertising standards, and prudential treatment of financial participations. The regulation modifies deadlines for regulatory reporting, accelerates certain compliance dates for 2024, and clarifies the definition and appointment of the Deputy General Manager role within authorized entities. Additionally, it extends specific market instability relief measures and corrects material errors in previous decrees to ensure regulatory consistency.
Share