2025-07-31
The Executive Board of the National Bank of Moldova issued Decision No 177/2025 to transpose EU regulatory technical standards governing indirect exposures arising from derivative and credit derivative contracts. The decision amends the Regulation on Large Exposures by adding a harmonization clause, inserting new calculation requirements, and appending a detailed methodology for allocating indirect exposure values across options, credit derivatives, and multi-underlying contracts. These amendments establish precise valuation rules for banks while setting the effective date three months after official publication.