Regulatory Alerts2026-04-07
Issuance of Circular No. 2026-01 on Updates Regarding Financial Statements
The Central Bank of the Republic of San Marino issued Circular No. 2026-01 to update financial statement regulations following a public consultation process. The final text fully adopts simplified requirements for the notes to the financial statements and supervisory reporting to accommodate banking sector requests, while deferring prudential rules for system securitization until impact assessments are complete. This approach allows the simplified rules to apply to the upcoming 2025 financial statements while ensuring adequate time for prudential impact verification.
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