Regulatory Alerts2013-04-26
Consolidated Supervision of Banking Groups
The Central Bank of the Republic of Kosovo issued this regulation to establish a comprehensive framework for consolidating the supervision of banking groups licensed within its jurisdiction. It mandates quantitative and qualitative risk assessments across all significant affiliated entities, requiring consolidated financial statements, capital adequacy calculations, and large exposure reporting to prevent risk escape. The framework defines group composition, establishes cross-border supervisory coordination procedures, and empowers the regulator to enforce compliance directly against principal bank members while replacing prior consolidated supervision rules.
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