Regulatory Alerts2019-08-08
Norms on evaluation of assets accepted by the National Bank of Moldova as collateral for granting loans to banks
The Executive Board of the National Bank of Moldova issued Decision No 211 to approve norms establishing the methodology for valuing assets provided by licensed banks as collateral for loans and emergency liquidity assistance. These regulations define eligible marketable and non-marketable assets, mandating specific valuation haircuts, variation margins, and margin call procedures to mitigate credit, market, liquidity, and operational risks. The document details precise calculation formulas, haircut percentages based on asset categories and maturity, and evaluation frequencies to ensure adequate protection against financial losses.
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