Regulatory AlertsRegulation on the Licensing of Insurance and Reinsurance Brokers (Decision No 34/15/2023)
The National Commission for Financial Markets of Moldova issued Decision No 34/15/2023 to establish the mandatory licensing framework for insurance and reinsurance brokers. The regulation requires all qualifying entities to secure official authorization by meeting specified capital, procedural, and compliance standards. Taking effect on August 11, 2023, the decision standardizes market entry and strengthens supervisory oversight across Moldova's financial sector.
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