RegAlert2026-03-10 | 12/4Added · Updated
Decision No. 12/4 of 10 March 2026 regarding the preliminary application by SA "ACORD GRUP" SA for the annulment of CNPF Decision No. 3/3 of 20 January 2026
The National Financial Market Commission (CNPF) issued Decision No. 12/4 to reject the preliminary application submitted by SA "ACORD GRUP" SA seeking the annulment of its prior Decision No. 3/3, which had found the insurer guilty of violating consumer protection and insurance laws. The CNPF upheld its findings that the insurer engaged in incorrect and aggressive commercial practices by unlawfully terminating the mandatory third-party liability insurance contract of an individual policyholder. The Commission concluded that the insurer exceeded its discretionary rights by attempting to shift the contractual subject to a legal entity and using contract termination as a coercive measure to demand additional premiums.
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REPUBLIC OF MOLDOVA
NATIONAL FINANCIAL MARKET COMMISSION
77 Stefan cel Mare si Sfant Blvd., Chisinau, MD 2012, tel: (373 22) 859 401, www.cnpf.md, e-mail: office@cnpf.md DECISION 10 March 2026 No. 12/4 Regarding the Preliminary Application submitted by SA "ACORD GRUP" SA, regarding the annulment of Decision No. 3/3 of the National Financial Market Commission dated 20.01.2026 concerning the petitions registered with the National Financial Market Commission under No. 8299 and No. 8567 on 14.11.2025 and, respectively, on 27.11.2025, in relation to SA "ACORD GRUP" SA
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Source: National Commission for Financial Markets Moldova — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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