Regulatory Alerts2020-12-09
Added · Updated
Decision of the NCFM on capital requirements for non-bank credit organizations No 58/1/2020
The National Commission for Financial Markets of Moldova issued Decision No 58/1/2020 to establish regulatory capital criteria for non-bank credit organizations. The rule mandates that these entities maintain capital equal to at least 5 percent of assets if they hold no bank credits, or 10 percent if they do, calculated as equity and subordinated loans adjusted for specific loss provisions. Non-bank credit organizations are required to comply with the 10 percent capital threshold within six months of the decision's entry into force.
More like this from NBM
We email you every new NBM publication the day it's published.
Topics
Share