Regulatory Alerts2012-11-29
Regulation on Changes in Capital Accounts
The Central Bank of the Republic of Kosovo issued this regulation to standardize capital account transactions for licensed domestic banks by categorizing them according to required regulatory oversight. The framework distinguishes between changes requiring prior CBK approval, those needing only post-transaction certification upon notification, and exempt adjustments effective immediately after shareholder approval. It establishes standardized submission procedures, a default thirty-day approval or certification timeline, conditional approval criteria for underperforming banks, and supersedes previous rules on minimum capital and equity adjustments.
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