Regulatory Alerts2020-02-13
Regulation on regulatory technical standards on the supplementary supervision of financial conglomerates
The National Bank of Moldova issued Decision No 31 to approve regulatory technical standards for the supplementary supervision of financial conglomerates. The Regulation establishes technical principles and calculation methods for determining own funds and supplementary capital adequacy ratios, including the elimination of multiple use of capital and the treatment of intra-group transactions. It transposes relevant EU directives and delegated regulations to define solvency requirements for banking, insurance, and investment subsectors within consolidated groups.
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