Regulatory Alerts2025-11-18 | 55/3Added · Updated
Decision on Imposing a Coercive Fine on IM CIA TRANSELIT SA for Non-Compliance with CNPF Decision No. 34/8
The National Financial Market Commission (CNPF) of Moldova imposed a coercive fine of 4,000 MDL on insurance company IM CIA TRANSELIT SA for failing to execute Decision No. 34/8 regarding a consumer's claim. The insurer failed to provide proof of payment or settlement within the legally mandated timeframe despite prior warnings and administrative proceedings. This decision enforces compliance with administrative acts to protect consumer rights in the insurance sector.
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