Regulatory Alerts2026-01-29
Regulation No. 2007-07 on the Collection of Savings and Banking Activities
The Central Bank of the Republic of San Marino issued Regulation No. 2007-07 to establish the comprehensive legal framework governing the collection of savings and banking operations within the jurisdiction. The regulation defines reserved banking activities, sets forth authorization requirements for bank establishment and foreign branches, and mandates strict prudential standards including minimum capital adequacy and supervisory oversight. It further details the eligibility criteria for corporate officers and significant shareholders while outlining the procedural mechanisms for administrative sanctions and the revocation of banking licenses.
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