The National Bank of Moldova held an online training session for the banking sector on implementing its regulation on the own funds requirement for operational risk, which is set to enter into force on 1 January 2027, as part of an EU-funded project supporting Moldova’s EU integration. More than 100 banking representatives participated, receiving practical guidance on the new requirements and the steps needed for implementation as the national framework is aligned with European standards. The session also outlined a forthcoming draft decision to set the reporting framework for operational risk own funds requirements, which is expected to be submitted for public consultation, alongside proposed amendments to the instruction on banks’ Common Reporting (COREP) submissions, including the relevant reports and completion guidance. The opening presentation by EU senior adviser Nicolae Grigore highlighted changes to Regulation (EU) No 575/2013, focusing on the revised standardised approach for determining the operational risk capital requirement and its implications for banks. The National Bank of Moldova indicated that it will continue to use public consultation as the reporting framework and COREP-related changes are developed.
National Bank of Moldova 2026-02-16
National Bank of Moldova trains banks on 2027 operational risk capital requirements and readies consultation on COREP reporting updates
The National Bank of Moldova held an online training for over 100 banking representatives on implementing its regulation on own funds requirements for operational risk, effective 1 January 2027. Part of an EU-funded project, the session provided guidance on aligning with European standards and discussed a forthcoming draft decision on the reporting framework for operational risk. Proposed amendments to banks' Common Reporting (COREP) submissions were outlined, with public consultation planned for further development.