Enact amendments to the Banking Law, prepared in coordination with the IMF and World Bank staff: (i) to address the gaps vis-à-vis sound corporate governance practices against the 2015 Basel’s Guidelines for Corporate Governance for banks (including the collective suitability of the supervisory board); (ii) to introduce a new capital structure (with appropriate implementation schedule) and capital buffers, (iii) to grant the NBU legal powers to calibrate capital and liquidity requirements based on the bank’s risk profile: and (iv) to strengthen the licensing and shareholder requirements (¶21) 
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