Regulatory Alerts2026-06-16 | 29/2Added · Updated
Decision on Petition No. 2634 Regarding OCN MICROINVEST SRL
The National Commission for Financial Market (CNPF) of Moldova issued a decision finding that OCN MICROINVEST SRL violated consumer credit laws by imposing unlawful pre-notification requirements for early repayment and including an abusive clause that tacitly accepted credit account operations if not contested within three days. The regulator also identified a discrepancy in the total payable amount between the contract and the repayment schedule, constituting a failure to provide clear and concise information to the consumer. Consequently, the CNPF ordered the judicial nullification of the abusive clause and confirmed the violation of mandatory legal provisions.