Regulatory Alerts2016-12-29
Regulation on Corporate Governance of Banks
The Central Bank of the Republic of Kosovo issued this regulation to establish minimum corporate governance standards for all licensed banks operating in Kosovo. It mandates that boards of directors exercise strategic oversight, define clear risk appetite, ensure regulatory compliance, and rigorously manage conflicts of interest and related-party transactions. The framework further requires fit-and-proper shareholders, independent board structures with defined qualifications, and robust senior management appointment and performance protocols to sustain banking sector stability.
Share