The National Bank of Moldova organised a seminar under the EU-funded project “Moldova is Europe – Support for integration in the EU” focused on strengthening corporate governance in the banking sector. The event brought together more than 70 bank management representatives to discuss the need to develop and implement compliant policies and procedures for assessing the suitability of management body members and key function holders in Moldovan banks. The seminar highlighted the importance of clear assessment criteria, including honesty, integrity, independence of mind, and the board’s experience and collective competencies. Discussions referenced Directive 2013/36/EU and European Banking Authority guidelines on internal governance, while an EU high adviser presented supervisory best practices within the European System of Financial Supervision and stressed the need for adequate human and financial resources for induction and training of management body members and key function holders.
National Bank of Moldova 2025-09-04
National Bank of Moldova convenes EU-funded seminar on strengthening bank corporate governance and fit-and-proper assessments
The National Bank of Moldova held a seminar under the EU-funded project “Moldova is Europe – Support for integration in the EU” to enhance corporate governance in the banking sector. Over 70 bank management representatives discussed developing compliant policies for assessing management body members and key function holders. The seminar emphasized clear assessment criteria, referencing Directive 2013/36/EU and European Banking Authority guidelines, with an EU adviser highlighting supervisory best practices and resource needs for training.