on amending and supplementing
on disclosure by banks of Moldova
information related to their activities, approved by Council Decision
Administration of National Bank of Moldova no. 52 of March 20, 2014


Posted: 05/27/2016
in the Official Gazette

Nr. 140-149
Article Number: 986
Effective Date: 06/27/2016


REGISTERED: Ministry of Justice


of Moldova no. 1114 of May 20, 2016 ____ Minister Vladimir CEBOTARI




Under Article 5 para. (1) d) Article 11 paragraph. (1), 27 and 44 letters a) of Law No. 548-XIII of 21 July 1995 on the National Bank of Moldova (republished in the Official Gazette of the Republic, 2015 nr.297-300, art.544), as amended, Article 30, Article .35 and article 40 of the Law on financial institutions no.550-XIII of 21 July 1995 (republished in the Official Gazette of the Republic of Moldova, 2011, nr.78-81, art. 199), as amended and supplemented, the Executive Board National Bank

DECIDES:

1. Rules on disclosure by banks of Moldova information related to their activities, approved by the Decision Board of the National Bank of Moldova no.52 of 20 March 2014 (Official Gazette of the Republic of Moldova, 2014 nr.110-114, art.596), registered with the Ministry of Justice of Moldova on 24 April 2014 by nr.975, is amended and supplemented as follows:
1) in paragraph 1, the words "National Bank" is filled with words " Moldova ";
2) In paragraph 4, second paragraph, after the word "board" is filled with the text "/ electronic device";
3) In paragraph 7 the words "The information disclosed was signed by the head" is replaced by "The veracity of the information disclosed is confirmed by the signature of the" and the words "and confirmed the application" is replaced by "applying the all cases, a ";
4) In paragraph 12:
a) in the first paragraph after "Chapters IV" is filled with the text "V" and the word "two" is replaced with the word "three";
B) after paragraph 2) is supplemented by point 3) as follows:
"3)" Information about services and offering banking products ".";
C) the second paragraph reads as follows:
"paragraph on" information on economic and financial activity "shall include the reports referred to in paragraph 14 of this Regulation, grouped by year and month in XLS format and the information provided at paragraph 15 grouped by years in PDF format. The paragraph on "Information on services and offering banking products" will include XLS disclosures required by paragraphs 20 point 2) and 21 point 2) of this Regulation. ";
5) In paragraph 14:
a) the first paragraph number "4" is replaced with the number "5" and the text "subparagraphs 5) and" is replaced with the word "point";
B) paragraph 2) d) finally completed by "long-term (principle I) and liquidity (Principle II)";
C) point 3):
letter c) the words' portfolio of loans "shall be substituted with the words" loan portfolio balance ";
Letter d) the word "related" is replaced with the word "related" and the word "granted" shall be excluded;
D) point 5) to read as follows:
"5) information on liquidity maturity ladder (third principle) model using published report ORD 3.13.D" Liquidity maturity ladder (principle III) " the Instruction on compilation and submission of reports by banks for prudential purposes; "
6) Paragraph 15 reads as follows:
"15. Bank discloses on the website, keep in bank office and make publicly available, on request, the following information for the period preceding the last three years as manager:
1) the bank's own annual report. If the bank is the parent undertaking it will only reveal the consolidated annual report;
2) auditor's report on the bank's own annual financial statements, and if the parent company and the consolidated financial statements comply with the annexation, which will include the balance sheet; profit and loss statement; statement of changes in equity; cash flow statement; the notes;

3) its annual report of the bank's management. If the bank is the parent undertaking it will reveal only consolidated annual report of management;
4) the accounting policy of the Bank;
5) containing information risk management strategy that can be exposed bank.
The information referred to in subparagraphs 1) -4) shall be drawn up taking into account the Law on Accounting and Financial Institutions Act. "
7) The title of Chapter V, after the words "AND SERVICES" is filled with the word "OFFERING" and finally with the word "BANK"
8) In paragraph 20:
a) 2) after "include" shall be supplemented by "in accordance with Annex No. 31 of this Regulation,";
B) paragraph 5) c) the words "mini-statement /" shall be excluded;
9) Paragraph 31 reads as follows:
"31. Bank discloses corporate governance code and the bank's charter, amendments and additions. "
10) In paragraph 32, after the words "central bank" shall be supplemented with words "and on the website of the bank";
11) In paragraph 35 point 1), after the word "quota" is filled with the word "substantial" and the text "bank exceeding 5 percent of" shall be excluded;
12) Paragraph 40 finally completed by 'The information referred to in section 32 of this chapter unfold according to that point. "
13) Annex 1 shall read as follows:
Annex 1


14) Annex. 2:
a) in the table, turn 7, after the word "overnight" is filled with words "and overdraft"
B) the note text "Loans that combines consent forms REPO placements - guarantees, financial leasing are classified according to the characteristics listed in groups of accounts" is replaced by "The appropriations will be made according pt. 15 of";
C) the text "Signatures:
Leader L.Ş _________________." Is replaced by "Signature:
leader ________________________ L.Ş bank's executive body.
(Name, function) ";
15) annex 3, the words "Leader ________________________ L.Ş." Is replaced with text
"The head ________________________ L.Ş bank's executive body.
(Name, function) '
16) after Annex No. 3 is filled with Annex. 31 which reads as follows:
Annex No.31


17) Annex. 4 the "Leader ________________________ L.Ş." Is replaced with text
"The head ________________________ L.Ş bank's executive body.
(Name, function) ";
18) Annex. 5:
a) in the table, column 8 will read "substantial share owned bank's capital (%)";
B) the words "Leader ________________________ L.Ş." Is replaced with text
"The head ________________________ L.Ş bank's executive body.
(Name, function) ".

2. This decision shall enter into force on the expiry of one month after its publication in the Official Gazette of the Republic, except for the provisions of item 1, subp.5), lit. d) of this decision, which will come into force on June 30, 2016.