Decision No 162 on the Regulation for Credit Risk Treatment under the Internal Ratings Based Approach

EU
NATIONAL BANK OF MOLDOVA
DECISION for the approval of the Regulation on the treatment of credit risk under the Internal Ratings Based Approach No 162 of 2 July 2026 (in force as of 1 July 2027, with the exception of certain provisions set forth in paragraphs 2 and 3) Official Gazette of the Republic of Moldova No 298-300 Article 543 of 7 July 2026

Pursuant to Article 66 of the Law No 202/2017 on the activity of banks (Official Gazette of the Republic of Moldova, 2017, No 434-439, Article 727), with subsequent amendments, the Executive Board of the National Bank of Moldova DECIDES:
This decision:

• partially transposes (transposes: Article 4, paragraphs 53 to 55, 78; Article 5, paragraphs 1 to 9;
  Article 142; Article 143 (1) to (4); Article 144(1); Articles 145-147(1) to (10); Articles 148 to 150
  (1a); Articles 151 to 153 (1) to (8); Articles 154 to 157 (1) to (5); Articles 158 to 164 (1) to (4), (6) to (7) and (10); Article 166-173 (1)-(2); Articles 174 to 178(1) to (5); Articles 179 to 180 (1) to (2); Article 181 (1) to (2); Article 182(1) to (3); Article 183-191) Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and amending Regulation (EU) No 648/2012, published in Official Journal of the European Union L 176 of 27 June 2013, CELEX: 32013R0575, as last amended by Regulation (EU) 2025/1215 of the European Parliament and of the Council of 17 June 2025;
• transposes Commission Delegated Regulation (EU) 2021/598 of 14 December 2020
  supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for assigning risk weights to specialised lending exposures, published in the Official Journal of the European Union L 127 of 14 April 2021, CELEX: 32021R0598.

1. The Regulation on the treatment of credit risk under the IRB Approach is approved
   (attached).
2. This Decision shall enter into force on 1 July 2027, with the exception of paragraph 138
   of the specific reporting obligations, which shall enter into force on 1 January 2028.
3. Until the date of entry into force of the Treaty of Accession of the Republic of Moldova
   to the European Union:
   3.1. for the provisions specified in paragraph 23.1.2 the banks shall apply a value of MDL 5
   million;
   3.2. for the provisions specified in paragraph 27.3 banks shall apply a maximum exposure
   value to a natural person of less than or equal to MDL 500,000;
   3.3. for the provisions specified in paragraph 73 banks will apply an amount equal to the
   equivalent in MDL of EUR 25 million instead of EUR 50 million;
   3.4. for the provisions specified in paragraphs 71.2.2, 71.3, 79, 80.1, 80.2 banks will apply
   a coefficient of 10 instead of 12.5 and a weighting of 1000% instead of 1250%. CHAIRMAN OF THE EXECUTIVE BOARD Anca-Dana DRAGU Nr.162. Chișinău, 2 July 2026.