Regulatory Alerts2025-11-24 | 56/3Added · Updated
Decision No. 56/3 of 24 November 2025 regarding the preliminary request by OCN OK CREDIT SRL for partial annulment of CNPF Decision No. 47/4
The National Financial Market Commission (CNPF) issued Decision No. 56/3 to reject the preliminary request submitted by OCN OK CREDIT SRL seeking partial annulment of CNPF Decision No. 47/4. The Commission upheld its prior finding that the creditor illegally calculated interest on the initial loan amount rather than the outstanding balance, violating Law No. 202/2013 and consumer protection regulations. Consequently, the CNPF confirmed the legality of the order requiring the creditor to recalculate interest and refund illegally collected sums, dismissing arguments based on existing court judgments or Russian language interpretations of the law.