Regulatory Alerts2018-12-20
Regulation on Banking Activity Management Framework No. 322 of December 20, 2018
The National Bank of Moldova issued Decision No. 322 to approve the Regulation on Banking Activity Management Framework, which transposes key provisions of EU Directives 2013/36/EU and 2016/1075. The regulation establishes a comprehensive management framework for banks in Moldova, defining risk appetite, governance structures, and specific roles for the management body and specialized committees. It mandates strict compliance with prudential standards, including the submission of Internal Capital Adequacy Assessment Process reports and the assessment of council members' collective adequacy and independence.
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