Regulatory Alerts2024-04-30
Regulation on Country and Transfer Risk Management Principles
The Board of the Central Bank of the Republic of Kosovo issued this regulation to establish minimum standards for managing country and transfer risks across all licensed banks and foreign bank branches in Kosovo. Institutions must implement comprehensive risk management frameworks that define quantitative limits, conduct stress tests for potential economic shocks, and maintain robust information systems for accurate exposure monitoring. Banks are required to report significant limit deviations immediately to the regulator and provide requested data upon demand, with non-compliance subject to remedial and punitive enforcement measures.
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