Regulatory Alerts2025-01-28
Regulation No. 2025-01 - Miscellany of Targeted Review Interventions to Current Supervisory Provisions
The Governor of the Central Bank of the Republic of San Marino issued Regulation No. 2025-01 to update and consolidate various supervisory circulars and regulations, including those on financial reporting, capital requirements, and banking activities. The regulation introduces specific amendments to reporting tables for electronic money and securitization, clarifies definitions for non-performing exposures, and establishes stricter time availability requirements for senior management. It also updates rules regarding payment institutions, insurance distribution, and the procedural requirements for changes to corporate objects.
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