Regulatory Alerts2009-03-05
Regulation on the authorization of certain foreign exchange operations by the National Bank of Moldova
The National Bank of Moldova issued this regulation to establish the requirements and procedures for residents to obtain authorization for specific foreign exchange operations, including donations, loans, and financial instrument transactions exceeding EUR 10,000. It defines the necessary documentation, application forms, and the National Bank's authority to approve or refuse requests within 15 working days based on legal compliance and market conditions. The document further outlines the obligations of authorized residents, the reporting of operations, and the specific grounds for refusal related to incomplete data or anti-money laundering concerns.
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