RegAlert2025-12-30 | 62/1Added · Updated
Decision No. 62/1 of 30 December 2025 regarding the preliminary request by BC VICTORIABANK SA to partially annul CNPF Decision No. 54/2 of 11 November 2025
The National Bank of Moldova's Financial Market Commission (CNPF) issued Decision No. 62/1 rejecting the preliminary request by BC VICTORIABANK SA to annul findings that the bank engaged in misleading commercial practices. The CNPF upheld its original determination that the bank's failure to separate the integer and decimal parts of the RON exchange rate on its advertising panel constituted a misleading omission under Consumer Protection Law No. 105/2003. The Commission concluded that this display method was likely to deceive the average consumer regarding the true exchange rate value and influence their transaction decisions.
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REPUBLIC OF MOLDOVA
NATIONAL COMMISSION OF THE FINANCIAL MARKET
1
DECISION
30 December 2025 No. 62/1
Regarding the preliminary request submitted by BC "VICTORIABANK" SA, concerning the partial annulment of Decision No. 54/2 of the National Commission of the Financial Market dated 11.11.2025 regarding the results of the surprise inspection carried out within certain currency exchange offices
On 11.12.2025, within the National Commission of the Financial Market (CNPF/authority), the Preliminary Request, submitted by BC "VICTORIABANK" SA (bank/participant), was registered under No. 9988, in which it is requested: "1. Revision of the findings inserted in Decision No. 54/2 of 11.11.2025 at points 12 and 13; 2. Exclusion from the decision of the findings regarding the use by BC "Victoriabank" SA of misleading practices, of the type of misleading omission, which may mislead the average consumer regarding the value of the applied exchange rate and may induce them to take a transaction decision that they would not have taken otherwise." (Preliminary Request).
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Source: National Commission for Financial Markets Moldova — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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