RESOLUTION OF NATIONAL BANK OF THE REPUBLIC OF MOLDOVA

of April 16, 2020 No. 103

About approval of Regulations about the attitude towards risk of value adjustment of the credit for banks

Based on Item c) parts (1) article 27 of the Law No. 548/1995 on National Bank of Moldova (переопубликован: The official monitor of the Republic of Moldova, 2015, No. 297-300, Articles 544), with subsequent changes, parts (4) Article 60 and article 73 of the Law No. 202/2017 on activities of banks (The official monitor of the Republic of Moldova, 2017, No. 434-439, Articles 727) the Executive committee of National Bank of Moldova DECIDES:

1. Approve Regulations about the attitude towards risk of value adjustment of the credit for banks it (is applied).

2. This resolution is published in the Official monitor of the Republic of Moldova and becomes effective since 1.01.2021.

Approved by the Resolution of Executive committee of National Bank of the Republic of Moldova of April 16, 2020, No. 103

Regulations about the attitude towards risk of adjustment of credit evaluation for banks

These regulations are transposition of Articles 381, of 382, of 384, of 385, of Item (a) of part (1), parts (2) and (3) Article 386 of Regulations (EU) 575/2013 European Parliament and Council of the June 26, 2013 about prudential requirements to credit institutions and investment firms making changes to Regulations (EU) No. 648/2012 (the text with relevance of EEA) published in the Official magazine of the European Union No. L 176 of the June 27 2013, changed last time by the delegated Regulations (EU) 2015/62 Commissions of October 10, 2014.

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