Regulatory Alerts2025-12-23
Decision No 311/2025 Approving the Regulation on Own Funds Requirements for Operational Risk
The Executive Board of the National Bank of Moldova issued Decision No 311/2025 to approve a new regulation establishing standardized own funds requirements for operational risk across Moldovan banks. The framework partially transposes EU Regulation No 575/2013 by mandating a business indicator-based calculation method, updating key risk definitions (ICT, legal, and model risk), and standardizing loss data collection and governance. It repeals prior operational risk treatment rules, amends related banking administration acts, and takes full effect on 1 January 2027 with transitional provisions for net loss calculations extending to 2037.
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