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It is registered

Ministry of Justice

Republic of Moldova

On January 15, 2014 No. 955

RESOLUTION OF ADMINISTRATIVE BOARD OF NATIONAL BANK OF THE REPUBLIC OF MOLDOVA

of December 9, 2013 No. 240

About approval, change and recognition voided some regulations of National Bank of Moldova

(as amended on 30-06-2022)

Based on article 5 Item d), Articles 11, articles 26 Item c) and article 44 of the Law No. 548-XIII of July 21, 1995 on National Bank of Moldova (Monitorul Oficial al Republicii Moldova, 1995 No. 56-57, of the Art. 624), with subsequent changes and amendments, and Articles 25, 28, 31 and 40 Laws on financial institutions No. 550-XIII of July 21, 1995 (pereopublikovan: Monitorul Oficial al Republicii Moldova, 2011, No. 78-81, the Art. 199), with subsequent changes and amendments, DECIDES: Administrative board of National Bank of Moldova

1. Approve Regulations about "large" podverzhennost according to appendix No. 1.

2. Approve Regulations about transactions of bank with persons affiliated to it according to appendix No. 2.

3. The regulations about classification of assets and contingent obligations approved by the NBM Administrative board the Resolution No. 231 of October 27, 2011 (Monitorul Oficial al Republicii Moldova, 2011, No. 216-221, 2007), with subsequent changes and amendments, registered in the Ministry of Justice of the Republic of Moldova on December 1, 2011 at No. 856, to change the Art. as follows:

a) in Item 1, the subitem 1), part b) the text", except for the placements and the credits overnight which did not exceed repayment period in 1 day" to exclude;

b) in Item 8 "subitem D of the Regulations No. 3/09 about the "large" podverzhennost approved by Administrative board of National Bank of Moldova listed in Chapter I the protocol No. 37 of December 1, 1995" shall be replaced with words syntagma "provided in Item 2, the subitem 5) from Regulations about "large" podverzhennost".

5. Recognize invalid some regulations of National Bank of Moldova according to appendix No. 3.

6. Since June 30, 2014 in Item 2, the subitem 1), part b) Regulations about "large" podverzhennost to replace the text of "25%" with the text of "20%".

7. Banks shall correspond to the maximum restrictions provided in Chapter II of Regulations about "large" podverzhennost and Chapter III of Regulations about transactions of bank with persons affiliated to it till June 30, 2014. Any decision concerning the conclusion of the transaction or prolongation of already existing transaction on the date of entry into force of this resolution shall be performed in accordance with the terms and restrictions of the specified regulations.

8. Within 1 month from the date of publication the banks exceeding the maximum restrictions specified in Item 7 of this resolution shall provide to Monitorul Oficial al Republicii Moldova to National Bank the detailed action plan about compliance them with these restrictions.

9. Excess of the maximum restrictions provided in Chapter II of Regulations about "large" podverzhennost and Chapter III of Regulations about transactions of bank with persons affiliated to it is not considered violation till June 30, 2015 if this excess is caused by the podverzhennost taken by bank before the date of entry into force of provisions of Item 6 of this resolution. Any decision concerning the conclusion of the transaction or prolongation of already existing transaction before the date of entry into force of provisions of Item 6 of this resolution shall be performed in accordance with the terms and restrictions of the specified regulations.

Chairman of Administrative board of National Bank 

Doreen Dregutsana

Appendix No. 1

to the Resolution of Administrative board of National Bank of the Republic of Moldova of December 9, 2013 No. 240

Regulations about "large" podverzhennost

Ceased to be valid according to the Resolution of National Bank of the Republic of Moldova of 05.04.2019 No. 109

Appendix No. 2

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