Regulatory Alerts2026-02-24 | 10/4Added · Updated
Decision on the Request to Suspend the Execution of CNPF Decision No. 3/3 of 20.01.2026 Regarding SA "ACORD GRUP" SA
The National Financial Market Commission (CNPF) of Moldova rejected the preliminary request by SA "ACORD GRUP" SA to suspend the execution of its prior Decision No. 3/3, which had found the insurer liable for violating consumer protection and insurance laws. The CNPF determined that the applicant failed to provide the necessary factual and legal grounds required by Law No. 192/1998 to demonstrate that the suspension was urgent and necessary to prevent irreparable harm. Consequently, the enforcement of the original decision remains in effect, and the insurer retains the right to challenge the final administrative act through administrative litigation.
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