Regulatory Alerts2024-01-11
Regulation on the Activity of Non-Bank Payment Service Providers
The National Bank of Moldova’s Executive Board issued this regulation to standardize the licensing, capital, and operational requirements for non-bank payment service providers. Effective January 25, 2024, the rules mandate compliance with prudential standards, reporting obligations, and risk management protocols for entities processing payment transactions. The central bank retains supervisory authority to monitor market stability, enforce penalties for non-compliance, and protect consumers within the evolving payment ecosystem.
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