Regulatory Alerts2018-11-29
Regulation on Requirements for Bank Governing Body Members, Financial and Mixed Holding Heads, Branch Directors, Key Position Holders and Liquidators (No 292/2018)
The National Bank of Moldova issued Decision No 292 to approve a regulation establishing strict qualification and operational requirements for bank governing body members, financial and mixed holding heads, branch directors, key position holders, and liquidators. The framework mandates fit-and-proper assessments, background verification, and continuous compliance obligations to safeguard banking sector stability. Effective 12 December 2018, the regulation standardizes appointment criteria and oversight procedures across all licensed banking entities in Moldova.
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