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National Bank of the Republic of Northern Macedonia
Macedonia
19 Oct 1946 (79 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know National Bank of the Republic of Northern Macedonia
Company Information
Get to know National Bank of the Republic of Northern Macedonia
NBRNM establish and conduct monetary policy, regulate liquidity in international payments, establish and conduct the Denar, handle and manage foreign exchange reserves, regulate the payment system, and grant operating licenses to foreign exchange bureaus, supervise their operations by the law and perform activities for the account of the central government and the government administration bodies.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Financial Payment
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