RESOLUTION OF NATIONAL BANK OF THE REPUBLIC OF MOLDOVA

of January 12, 2023 No. 2

About preserving rate of the buffer of systemic risk for banks at the level of 1%

Based on the item d) parts (1) the Art. 5, Art. 11 of the Law on National Bank of Moldova No. 548/1995, Art. 63 of the Law on activities of banks No. 202/2017 and the item 5, 75, 77, 78, 79, 80 Regulations about buffers of the capital of banks approved by the Resolution of Executive committee of National Bank of Moldova No. 110/2018,

in view of that the National Bank of Moldova can establish the buffer of systemic risk for the prevention and decrease in long-term not cycling systemic risk or macroprudential risk which are not covered with other regulations developed based on the Law on activities of banks No. 202/2017, namely risk of perturbation of financial system which can lead to considerable negative effects for financial system and real economy of the Republic of Moldova

as according to item 75 of Regulations about buffers of the capital of banks the National Bank of Moldova establishes the buffer of systemic risk for all banks and/or for one or several groups of the relevant banks and can establish different requirements (rates) for different bank groups,

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info