Regulatory Alerts2026-04-08
Circular No. 2017-03 - Information Obligations Regarding Corporate and Consolidated Financial Statements
The Central Bank of the Republic of San Marino issues Circular No. 2017-03 to define the information obligations for corporate and consolidated financial statements for authorized financial entities. The regulation mandates specific submission deadlines for financial reports, supervisory signals, and deteriorated credit exposure data to the BCSM, alongside requirements for public disclosure on institutional websites. It further establishes detailed definitions, consolidation methods, and formatting standards for balance sheets, income statements, and explanatory notes to ensure regulatory compliance and transparency.
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