Republic of Moldova

This paper reviews Moldova’s Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, and Banking Supervision. Compliance with the Basel Core Principles and the IMF Code of Good Practices on Transparency in Monetary and Financial Policies was found to be good with many of the principles, although implementation is sometimes less so. Banks are the most developed part of the financial system. Quantitative indicators of financial soundness are at impressive levels.Bank supervision;Banking systems;Financial sector;Reports on the Observance of Standards and Codes;banking, credit, banking system, banking sector, banking supervision, foreign exchange, shareholders, national bank, payments, capital adequacy, deposit insurance, consolidated supervision, rtgs, connected lending, banking institutions, clients, capital adequacy ratio, direct financing, reserve requirements, settlement system, banks ? balance sheets, pricing, current account, prices, return on assets, return on equity, prudential regulation, retail payments, bank supervisors, stress testing, bank shareholders, payment system, central banking, problem loan, off balance ? ? ? sheet, insider lending, bank staff, banknotes, bank financing, bank regulation, beneficial owners, retained earnings, banking system assets, real time gross settlement, loan classification, confirmation, banking sector assets, cash flows, banking regulation, bank policy, bank credits, banking services, banks ? assets, net interest margin, collateral, bankers ? association, banking law, banking supervisors, internal control, state intervention, banking operations, internal audit, bankers, off balance sheet, shares, bank lending, deposit insurance scheme, systemic risk, reserve requirement, asset classification, reinsurance, bank supervisor, bank ownership, confidentiality, bank owners, pocket ? banks