Regulatory Alerts2025-12-09 | 59/1Added · Updated
Decision No. 59/1 of 9 December 2025 on the Preliminary Application Submitted by Mr [...] Representing Ms [...] Against CNPF Letter No. 04-5/3235 of 04.08.2025
The National Financial Market Commission (CNPF) issued Decision No. 59/1 rejecting a preliminary application filed by a consumer's representative challenging the closure of an administrative procedure regarding a consumer credit contract with OCN "Cash & Go" SRL. The Commission determined that the contested letter did not produce legal effects and thus did not infringe upon the consumer's rights, while also noting that the creditor failed to provide necessary documentation despite repeated requests. Consequently, the application was dismissed for lack of evidence, and the Legal Department was instructed to initiate contravention proceedings against the non-cooperative creditor.