Regulatory Alerts2026-01-27 | 4/1Added · Updated
Decision No. 4/1 of 27 January 2026 Regarding the Preliminary Application Submitted by CASH&GO SRL Concerning the Cancellation of CNPF Decision No. 1/2 of 06.01.2026
The National Financial Market Commission (CNPF) issued Decision No. 4/1 on 27 January 2026, rejecting the preliminary application submitted by CASH&GO SRL seeking the annulment of a coercive fine imposed for non-compliance with previous regulatory orders. The Commission determined that the company failed to provide credible evidence that it had not received the contested decisions, noting that valid electronic communication channels were used and that the company had previously acknowledged receipt of similar notices. Furthermore, the CNPF ruled that its supervisory competence remains valid despite the company's deregistration from the non-banking credit organizations register, and that the coercive fine is an enforcement measure rather than a penalty subject to the non bis in idem principle.