Regulatory Alerts2019-04-05
Decision No. 110 on Modifying the Regulation on Banks' Transactions with Related Parties
The Executive Board of the National Bank of Moldova issued Decision No. 110 to amend its 2013 Regulation governing banks' transactions with related parties. The amendment updates key terminology, aligns related-party definitions with national banking law, and establishes strict exposure limits of 10 percent for individual parties and 20 percent aggregate against eligible capital. Banks must implement comprehensive internal risk management practices, secure Council or Executive Board approval for transactions exceeding MDL 1 million, and deduct any excess exposure from their own funds when limits are breached.
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