Regulatory Alerts2025-09-11
Decision NBM No 210/2025 approving the Regulation on the conduct of simultaneous activities by insurance undertakings
The Executive Board of the National Bank of Moldova issued Decision No 210/2025 to approve a new Regulation governing the separation of management for insurance undertakings conducting simultaneous life and general insurance activities. The Regulation mandates structural and financial segregation, requiring separate risk management, capital adequacy calculations, technical provisions, and accounting records for each activity category. It establishes a detailed procedure for obtaining prior regulatory approval for expense distribution methods and the transfer of assets or profits between the two business lines.
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