Decisions of the Board of Directors of the National Financial Market Commission – 12 May 2026

The Board of Directors of the National Financial Market Commission (CNPF) adopted decisions on 12 May 2026 to advance consumer protection and capital market regulation, including submitting a draft law to amend the voluntary pension fund framework to align with EU directives and expand participant rights. The authority approved a voluntary takeover prospectus for 10,636 shares of „ABC” SA, authorized the corporate transformation of „LEMI INVEST” SA into a limited liability company, and launched a thematic inspection of „EASY CREDIT” SRL for compliance with consumer credit laws. Additionally, the CNPF set 2025 contribution rates for the Investor Compensation Fund to gradually meet EU compensation thresholds of 20,000 EUR, while outlining upcoming regulatory frameworks for insurance distribution and crypto-asset supervision.

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During the meeting on 12 May 2026, the Board of Directors of the National Financial Market Commission (CNPF) adopted a series of decisions concerning consumer protection and the capital market, inter alia:

I. Regulation:

Approval and submission to the Ministry of Finance, for promotion, of the draft law amending Law no. 198/2020 on voluntary pension funds, drafted to harmonize the national framework with European Union legislation and strengthen the protection of participants in the voluntary pension system. The project transposes provisions from relevant European directives in the field of occupational pensions, equal treatment, and the protection of pension rights in a cross-border context. The amendments aim to modernize the regulatory framework, develop supervision mechanisms, and facilitate cross-border activities of pension funds. Among the main provisions are:

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Lineage: In force

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Source: National Commission for Financial Markets Moldova — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works