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Strengthening supervision, corporate governance and risk management in the financial sector of the Republic of Moldova

· Mugur Isărescu, Governor of the National Bank of Romania (Romania)

Summary written by Dark Majestic in its own words · topics: banking regulation and supervision

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· Mugur Isărescu Wiki · National Bank of Romania WikiStrengthening supervision, corporate governance and risk management in the financial sector of the Republic of Moldova

ContextSpeech at an event on financial supervision in the Republic of Moldova; the National Bank of Romania keeps prices stable and helps strengthen Moldova's financial sector.

Why it mattersIsărescu supports reforms in a neighbouring country's banking sector.

Problems raised
  1. Moldova's financial sector needs strengthening.
  2. Governance and risk management are weak.
  3. Supervision must improve.
Solutions proposed
  1. Strengthen supervision.
  2. Improve corporate governance.
  3. Partner with neighbouring central banks.
Read full speech on bis.org ↗

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