of supervisory ratings will allow cambodia telegram data a transition to a differentiated system of contributions to the Mandatory Deposit Insurance Fund: the worse the rating of a bank, the more funds it will have to pay. This is more fair from an economic point of view. Now all banks pay insurance contributions at a single rate.
Also in March, the Central Bank reported
that an important stage of preparing amendments to the financial stability restoration plans (FSRP) was being completed. How will the initiative affect the banking sector?
— Banks must have effective tools to independently overcome difficult situations. To do this, they need to plan their actions in advance under normal conditions, and implement the plan to the required extent during a crisis. But now, in practice, banks often approach the preparation of the PVFU formally. This is wrong.
We want to make the PVFU instrument really work in crises. The support measures laid down by banks in case of stress should be realistic and diverse. We also insist that the measures be implemented in advance, before the standards are “broken through”.
Finalized the draft regulatory
act based on the results of the regulatory impact assessment and are already testing the new standards as part of the annual assessment of the PVFU of digital transformation: how the pandemic is accelerating this process systemically important banks. For now, in a recommendatory manner. This will help to understand how the new requirements work in practice and whether banks have difficulties ao lists in complying with them. We hope that the new rules for preparing PVFU will be fully operational next year.