This document provides the main information concerning the San Marino financial system, as well as the activities of the CBSM, and specifically includes for the reference period:
changes in the primary regulatory framework and the implementing regulations issued by CBSM;
a brief description of CBSM's supervisory activities and international relations;
key system data and trends;
a description of other institutional functions of CBSM; in this regard, each quarter, the activities of the Treasury, Collection, Payments System, and Finance Departments are alternately reviewed.
The Quarterly Information Bulletin is an element of Banca Centrale's institutional communication, aimed at ensuring transparency and accountability in its role as the Supervisory Authority for the San Marino financial system.