Regulatory Alerts2010-07-14 | 48/2010Regulation 48/2010 on Open Foreign Exchange Positions Risk Management
The Supervisory Council issued Regulation 48/2010 to establish binding rules and criteria for calculating, monitoring, reporting, and supervising banks' open foreign exchange positions. The framework mandates standardized risk management procedures to mitigate currency exposure and ensure consistent supervisory oversight across banking operations. Entering into force on 21 August 2010, the regulation standardizes reporting requirements and strengthens institutional controls against foreign exchange volatility.
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