Regulatory Alerts2026-03-31 | 16/1Added · Updated
Decision on the Request to Suspend the Enforcement of CNPF Decision No. 10/1 Regarding MOGO LOANS SRL
The National Bank of Moldova's Financial Market Commission (CNPF) issued Decision No. 16/1 on March 31, 2026, rejecting the request by OCN "MOGO LOANS" SRL to suspend the enforcement of its prior Decision No. 10/1. The suspension was denied because the creditor failed to demonstrate the cumulative legal conditions required under Article 23 of Law No. 192/1998, specifically regarding the prima facie illegality of the act, the risk of grave and irreparable harm, and the balance between private prejudice and public interest. Consequently, the enforcement of the order requiring MOGO LOANS to refund excessive payments collected from consumers remains active.
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