Regulatory Alerts2012-06-30
Regulation No. 2011-02: Update II of the Regulation on Savings Collection and Banking Activity
The Central Bank of the Republic of San Marino issued Regulation No. 2011-02 to update the definitions within the Regulation on Savings Collection and Banking Activity (No. 2007-07). This update establishes precise legal meanings for key banking terms, including classifications for non-performing loans, risk controls, and related parties. The changes ensure consistent regulatory interpretation and enhance the supervisory framework for banking operations and risk management.
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