Regulatory Alerts2026-06-30 | 41/1Added · Updated
Decision No. 41/1 of 18 August 2026 regarding the preliminary request submitted by OCN FLEX FINANCIAL SRL to annul CNPF Decision No. 32/1 of 30 June 2026 concerning the application of a coercive fine
The National Financial Market Commission (CNPF) rejects the preliminary request submitted by OCN FLEX FINANCIAL SRL to annul Decision No. 32/1, which imposed a coercive fine of 3,000 conventional units (150,000 MDL) for non-compliance with restitution orders. The regulator determines that the company fulfilled only approximately 42% of the monetary restitution obligation and 31.46% of the consumer count within the statutory 180-day deadline, thereby failing to execute the administrative act in full. The decision confirms that preparatory measures and partial post-deadline actions do not constitute full compliance, justifying the imposition of the fine while noting a reduction in its value due to the company's subsequent good faith conduct.
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