Regulatory Alerts2024-04-01 | 17/5Added · Updated
On the Approval of Selling Prices for Securities Held by Fiduciary Administrators
The National Financial Market Commission of Moldova approved the selling prices for securities held by three fiduciary administrators—CF "BV Fiduciar Invest" SA, CF "Econ-Renaștere" SA, and "Compania Fiduciară a Feroviariilor" SA—based on client asset valuation acts dated March 1, 2024. The decision permits the Moldova Stock Exchange to list these securities as single packages in open positions without mandatory price re-evaluation and mandates liquidation commission chairmen to notify the regulator within three working days of any redemption or sale requests. This binding resolution, effective upon adoption, establishes the precise selling prices and procedural requirements for 15 joint-stock companies whose share packages exceed three percent of their respective share capital.