Regulatory AlertsRegulation on Audit of Financial Statements and Audit for Other Purposes of Banks
The Executive Board of the National Bank of Moldova issued Decision No. 118 to approve a comprehensive regulation governing financial statements and audit procedures for banks. This framework mandates standardized reporting practices, defines external audit requirements, and establishes guidelines for audits conducted for purposes beyond statutory financial statements. By aligning domestic banking oversight with international standards, the regulation enhances transparency, strengthens risk management, and ensures consistent financial reporting across Moldova's banking sector.
Share