Regulatory Alerts2018-03-31
Regulation No. 2018-01 - Miscellany of Targeted Review Interventions to Current Supervisory Provisions
The General Director of the Central Bank of the Republic of San Marino issued Regulation No. 2018-01 to consolidate, harmonize, and update various supervisory provisions in response to legislative changes and industry requests. The regulation amends inspection reporting procedures, professional requirements for board members, and rules regarding telematic banking relationships and insurance intermediation. It also updates references to high-risk countries, usury thresholds, and financial reporting obligations for authorized entities.
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