Regulatory Alerts2024-02-13
Circular No. 2013-01 - Periodic Information Obligations of Financial Companies in Matters of Prudential Supervision
The Central Bank of San Marino (BCSM) issues Circular No. 2013-01 to establish the periodic prudential reporting obligations for authorized financial companies, excluding banks. The document defines the scope of reporting subjects, including existing and new financial entities, and mandates the submission of quarterly 'Segnalazione' forms containing detailed financial data. It provides comprehensive instructions for compiling eleven specific prospectuses covering solvency coefficients, major risks, related-party transactions, and asset classification to ensure regulatory compliance and risk monitoring.
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