Pursuant to Article 63 paragraph (7) of Law on the activity of banks No 202 of 06.10.2017, the National Bank of Moldova (BNM), as the competent authority, identifies banks that are systemically important institutions (hereinafter O-SII). Subsequently, identified banks will be subject to the requirement to maintain the O-SII capital buffer.
In developing this methodology for the identification of O-SIIs in the Republic of Moldova, the NBM has relied on the provisions of the Guidelines of the European Banking Authority on the Criteria to determine the conditions of application of Article 131 paragraph (3) of the Directive 2013/36/EU (CRD IV) in relation to the assessment of other systemically important institutions.