Regulatory Alerts2026-01-20 | 3/9Added · Updated
Decision No. 3/9 of 20 January 2026 regarding the preliminary request by OTP Bank SA to annul CNPF Decision No. 58/2 of 01.12.2025
The National Bank of Moldova's Financial Market Commission issued Decision No. 3/9 on 20 January 2026, rejecting OTP Bank SA's preliminary request to annul its prior decision finding the bank liable for violating payment service legislation. The Commission upheld its original finding that OTP Bank failed to provide the mandatory two-month notice required by Law No. 114/2012 when unilaterally terminating contracts with a client classified as associated with a restricted person. The ruling confirms the Commission's jurisdiction and the legality of its administrative act, noting that the bank's invocation of immediate termination grounds was erroneous and unsupported by evidence.
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