Regulatory Alerts2020-12-09
Decision of the NCFM on capital requirements for non-bank credit organizations No 58/1/2020
The National Commission for Financial Markets of Moldova issued Decision No 58/1/2020 to establish regulatory capital criteria for non-bank credit organizations. The rule mandates that these entities maintain capital equal to at least 5 percent of assets if they hold no bank credits, or 10 percent if they do, calculated as equity and subordinated loans adjusted for specific loss provisions. Non-bank credit organizations are required to comply with the 10 percent capital threshold within six months of the decision's entry into force.
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