The National Committee on Financial Stability, in extended composition, held its ordinary meeting on August 30, 2024, in accordance with the calendar of ordinary meetings for the current year, agreed by the Committee on December 11th, 2023.
The meeting discussions focused on the current situation of the banking, non-bank lending, and the insurance sectors, the related risks being assessed in terms of the intermediate objectives set out in the Macroprudential policy strategy approved on September 15th, 2023. Additionally, during the meeting, the members discussed the implementation of the Committee’s recommendation on establishing a back-to-back mechanism in the insurance sector and the amendment of Law no. 121/2007 on the administration and denationalization of public property, as issued at the meeting of March 29th, 2024. Furthermore, the Committee examined the preliminary draft of the International Monetary Fund's report on capital account liberalization and the proposal of the Bucharest Stock Exchange for developing the stock exchange in the Republic of Moldova.
To oversee the implementation of these decisions, the NCFS members agreed to organize an extraordinary meeting in the coming weeks.