Regulatory Alerts2019-12-11
Regulation on On-Site Inspections for Non-Bank Payment Service Providers and Criteria for Remedies and Sanctions
The National Bank of Moldova issued this regulation to standardize on-site inspection procedures for non-bank payment service providers and define the criteria for applying corresponding remedies and sanctions. It mandates supervisory authorities to conduct structured inspections while providing clear enforcement thresholds for non-compliance. The framework strengthens payment sector oversight by aligning inspection protocols with targeted regulatory sanctions.
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