The Central Bank of the Republic of San Marino informs that the Regulation no. 2018-02 Amending Regulation of Regulations no. 2006-03, no. 2007-07, no. 2011-03, no. 2014-04 and no. 2016-02, which has been adopted on 28 August 2018, will enter into force on 31 August 2018.
The Regulation provides analytically, using the regulatory technique typical of the CD. "Miscellaneous", those amendments to the current supervisory regulatory framework necessary to update and supplement it for the purposes of the implementation, in the San Marino system, of the European Union Directive 89/117 / EEC of 13 February 1989, pursuant to the provisions of the Monetary Agreement, signed in 2012 between the European Union and the Republic of San Marino.
The Council Directive 89/117/EEC regulates the obligations of branches established in a Member State of credit institutions and financial institutions having their head offices outside that Member State regarding the publication of annual accounting documents.