Document from CIS Legislation database © 2003-2019 SojuzPravoInform LLC

It is registered

Ministry of Justice

Republic of Moldova

On August 12, 2019 No. 1481

RESOLUTION OF NATIONAL BANK OF THE REPUBLIC OF MOLDOVA

of August 8, 2019 No. 211

About approval and change of some regulations of National Bank of Moldova

Based on Items and) and e) parts (1) Articles 5, parts (1) Articles 11, Articles 15, parts (1) Article 18 and Item c) parts (1) article 27 of the Law on National Bank of Moldova No. 548/1995 (repeated publication: The official monitor of the Republic of Moldova, 2015, Art. No. 297-300, 544), with subsequent changes, DECIDES: Executive committee of National Bank of Moldova

1. Approve Norma according to the assets accepted by National Bank of Moldova as providing in case of issuance of credits to banks (are applied).

2. In items 4 and 21 Regulations about establishment of the official rate of the Moldovan leu in relation to foreign currencies approved by the Resolution of Administrative board of National Bank of Moldova No. 3/2009. (The official monitor of the Republic of Moldova, 2009, Art. No. 27-29, 100), with subsequent changes, "the decision of National institute of standardization and metrology No. 27-ST of the August 28, 2008" registered in the Ministry of Justice of the Republic of Moldova at No. 646 of February 4, 2009, the text to replace with the text "The decision of Institute of standardization of Moldova No. 136 of June 14, 2018".

3. In item 4 of Regulations about functioning of the interbank money market in national currency approved by the Resolution of Administrative board of National Bank of Moldova No. 222/2013. (The official monitor of the Republic of Moldova, 2013, Art. No. 276-280, 1754), the subitem 2) to state in the following edition:

"2) Instructions about procedure for creation and submission of reports on the interest rates applied by banks of the Republic of Moldova approved by the Resolution of Executive committee of National Bank of Moldova No. 331/2016".

4. In the Regulations about transactions in the money market of National Bank of Moldova approved by the Resolution of Administrative board of National Bank of Moldova No. 188/2014. (Official monitor of the Republic of Moldova, 2014, Art. No. 293-296, 1386), with subsequent changes, registered in the Ministry of Justice of the Republic of Moldova at No. 1133 of October 5, 2016, to make the following changes:

1) Item 3:

a) in the subitem d) to replace the word "measured" with the word "revaluated";

b) in the subitem i) "to banks and through them Fonda of guaranteeing deposits in bank system" shall be replaced with words the text to "acceptable participants";

c) the subitem m) after the word "repo" to add with the text "/the return repo".

The second and third paragraphs to exclude 2) In Item 5.

The text "and Fund of guaranteeing deposits" to exclude 3) In Item 6.

4) In the subitem 2) Item 8 the word of "maintenance"

replace with the word "applications".

The text "financial institutions" to replace 5) In the third paragraph of Item 91 with the word "banks".

The subitem 4) to state 6) In Item 11 in the following edition:

"4) shall not be issued, zadolzhena or are guaranteed by the competent participant or any subject with which has close ties.

Close ties for the purpose of these regulations matter, provided by Art. 3 of the Law No. 202/2017 of on activities of banks.".

7) Item 14 after the word "repo" to add with the text "/the return repo".

8) In Item 16 to "creditor" to replace the word with the word to "buyer".

9) In Item 17 the second offer to exclude.

Item 19 to declare 10) invalid.

11) In Item 21 the first offer of the second paragraph to state in the following edition:

"In case of determination of the price of purchase/sale market price of GTsB which decreases for transactions of repo / the return repo taking into account margin of the value adjustment established by National Bank according to Regulations according to the assets accepted by National Bank of Moldova as providing in case of issuance of credits to the banks approved by the Resolution of Executive committee No. 211/2019 of is determined".

12) Item 22:

a) add the first paragraph with the offer: "The operation threshold for the marginal requirement is provided by the Regulations according to the assets accepted by National Bank of Moldova as providing in case of issuance of credits to banks approved by the Resolution of Executive committee No. 211/2019 of";

b) add the third paragraph with the text", based on market prices of GTsB provided by National Bank".

Item 31 to state 13) in the following edition:

"31. The National Bank determines asset cost, accepted as providing, both in case of loan granting, and during their use according to the Regulations according to the assets accepted by National Bank of Moldova as providing in case of issuance of credits to banks approved by the Resolution of Executive committee No. 211/2019 of".

To exclude 14) In Item 41 of the word "and Fund of guaranteeing deposits".

15) Items 43 - 46 to recognize invalid.

The second paragraph to exclude 16) From Item 80.

Item 97 to declare 17) invalid.

The text "/the current account of Fund of guaranteeing deposits" to exclude 18) From Item 113.

The text "participants / Fund of guaranteeing deposits" shall be replaced with words 19) In the name of Chapter VIII "competent participants".

20) Item 118:

a) in the subitem 1) to replace words of "financial activities" with the text "the activities allowed banks according to part (1) Art. 14 of the Law No. 202/2017 of on activities of banks";

b) 4) to add the subitem with the words "or Central depositary".

Full text available with active License only!

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

Effectively work with search system

Database include more 38000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.