Regulatory Alerts2024-11-14
Decision No. 290 of the National Bank of Moldova amending the Regulation on assets and conditional commitments classification
The Executive Board of the National Bank of Moldova issued Decision No. 290 to amend the Regulation on assets and conditional commitments classification, with provisions entering into force on July 1, 2025. The amendments introduce stricter financial monitoring frequencies based on loan amounts, update terminology to align with international standards, and establish specific classification rules for small loans, debt consolidations, and connected client groups. Additionally, the decision repeals Chapter V, replaces references to agencies with ECAI, and defines precise criteria for asset reclassification and capital deductions.
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