Regulatory Alerts2026-01-13 | 2/3Added · Updated
Decision on the Request by OCN MOGO LOANS SRL for Extension of the Deadline Under CNPF Decision No. 28/3
The National Financial Market Commission (CNPF) of Moldova rejected the request by OCN MOGO LOANS SRL to extend the 180-day deadline for refunding overcharged amounts to consumers. The regulator determined that the creditor's compliance efforts were insufficient, noting that only 8 out of 1,080 contracts were adjusted and notifications lacked transparency. The decision affirms that the original deadline remains valid and that the creditor's arguments regarding statistical trends and legal prescription periods are legally unfounded.
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