Regulatory Alerts2024-12-19
Decision No 328 on the Regulation on own funds, valuation of assets and liabilities, and solvency and liquidity of insurance undertakings
The National Bank of Moldova issued Decision No 328 to approve a new Regulation governing own funds, asset valuation, minimum capital requirements, and solvency and liquidity indicators for insurance and reinsurance undertakings. This decision amends previous normative acts to align with Law No 92/2022, replacing outdated terminology and updating reporting frequencies to quarterly submissions. It also introduces detailed balance sheet and profit and loss account formats that distinguish between book values and prudential values to enhance financial stability oversight.
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