Regulatory Alerts2020-03-20
Regulation on the Calculation and Payment of Contributions to the Bank Resolution Fund
The National Bank of Moldova approved a regulation establishing the mandatory methodology for calculating and paying annual and extraordinary contributions to the national bank resolution fund. Licensed banks must fund the resolution mechanism based on their total liabilities, own funds, guaranteed deposits, and risk-adjusted supervisory scores, with the central bank determining exact contribution amounts and payment schedules each year. The framework also details procedures for levying extraordinary contributions during fund shortfalls, sets specific data reporting deadlines, and authorizes regulatory sanctions for non-payment.
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