Approved by National Bank of Moldova of December 1, 1995 No. 3/09
Rules about "large" podverzhennost (further - Rules) 46 and 47 Laws No. 548-XIII of July 21, 1995 on National Bank of Moldova are drafted according to Articles 11, of 44, (Monitorul Oficial al Republicii Moldova, 1995 No. 56-57, of the Art. 624), with subsequent changes and amendments, and Articles 1, 25, 28, and 40 Laws on financial institutions No. 550-XIII of July 21, 1995 (Monitorul Oficial al Republicii Moldova, 1995, No. 1, the Art. 2), with subsequent changes and amendments.
These rules set the most admissible limits of concentration risk of podverzhennost of bank before persons and/or group jointly of characters, concentration in portfolio of podverzhennost and requirements for management of "large" podverzhennost which purpose is minimization of possible losses of bank as a result of concentration of podverzhennost.
The concepts used in Rules have the following value:
A. Person is physical person or legal entity, including association or group of persons, acting jointly, registered as appropriate or not.
B. Jointly of characters treat group:
1. Two or more physical persons which are exposed to the same risk because one of them, directly or indirectly, controls another or others;
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The document ceased to be valid since January 24, 2014 according to the Resolution of Administrative board of National Bank of the Republic of Moldova of December 9, 2013 No. 240