RegAlert2025-10-28 | 51/1Added · Updated
On the petition registered with the National Financial Market Commission No. 6214 dated 19.08.2025 regarding OCN „OK CREDIT” SRL
The National Financial Market Commission of Moldova issued Decision No. 51/1 finding that OCN „OK CREDIT” SRL violated consumer credit legislation by misrepresenting contract terms, failing to properly disclose pre-contractual information, and unlawfully charging origination and administration fees that exceeded the statutory daily limit of 0.04 percent of the total credit amount. The Commission ordered the creditor to apply the legal consequences of these violations, including the mandatory return of all collected fees, penalties, and interest beyond the principal disbursed amount, while waiving its right to claim such payments. Furthermore, OCN „OK CREDIT” SRL must review its entire active credit portfolio within 120 days to identify affected borrowers, notify them of their rights to refund excess charges, and report compliance actions to the Commission monthly.
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REPUBLIC OF MOLDOVA
NATIONAL FINANCIAL MARKET COMMISSION
77 Ștefan cel Mare și Sfânt Blvd., Chișinău, MD 2012, tel: (373 22) 859 401, www.cnpf.md, e-mail: office@cnpf.md
DECISION
October 28, 2025 No. 51/1
On the petition registered with the National Financial Market Commission No. 6214 dated 19.08.2025, regarding OCN „OK CREDIT” SRL
On 19.08.2025, within the National Financial Market Commission (CNPF), petition No. 6214 was registered by Mr. [...] (debtor/consumer), requesting CNPF intervention regarding the legal relationship mentioned below.
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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