Regulatory Alerts2026-07-02
Added · Updated
Decision No 162 on the Regulation for Credit Risk Treatment under the Internal Ratings Based Approach
The National Bank of Moldova approves the Regulation on the treatment of credit risk under the Internal Ratings Based Approach, which partially transposes specific articles of EU Regulation No 575/2013 and Commission Delegated Regulation (EU) 2021/598. The regulation establishes the methodology, definitions, and approval requirements for banks to calculate risk-weighted exposure amounts using their own estimates of probability of default and loss given default. It mandates prior permission for each exposure class and rating system, requiring banks to demonstrate three years of compliant internal experience and robust risk management systems. The decision enters into force on 1 July 2027, with specific reporting obligations effective from 1 January 2028, and includes transitional provisions for certain monetary thresholds and coefficients until EU accession.