Regulatory Alerts2026-01-29
Regulation No. 2024-01 - Miscellaneous targeted revisions to current supervisory provisions
The Central Bank of the Republic of San Marino issued Regulation No. 2024-01 to revise supervisory provisions regarding fit and proper assessments. The regulation expands the definition of negative references to include potential links with criminals, requiring the Bank to verify the absence of such ties both ex ante and periodically. Authorizations may be denied or revoked if the Bank identifies elements deemed prejudicial based on available information tools and databases.
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