Regulatory Alerts2016-11-01
Regulation No. 2016-03 — Miscellanea of targeted revision interventions to current supervisory provisions
The General Director of the Central Bank of the Republic of San Marino issued Regulation No. 2016-03 to consolidate interpretative guidelines, introduce extensions, and harmonize sectoral supervisory rules. The regulation amends various existing regulations, including those concerning the management of non-performing loans, the application of the 5E8 methodology for credit risk, and the calculation of own funds requirements. It also updates provisions related to large exposures, liquidity coverage ratios, and the reporting obligations of financial institutions to ensure alignment with evolving regulatory frameworks.
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