National Commission for Financial Markets

IMF experts visited NCFM



The Board of Directors of the National Commission for Financial Markets (NCFM) met yesterday with the representatives of the International Monetary Fund (IMF), which are in a working mission to Moldova since April 4 to April 8, 2022.

During the meeting was discussed the degree of accomplishment by NCFM of the actions included in the Memorandum of Economic and Financial Policies and the evolutions of transferring process of certain supervisory competencies to the National Bank of Moldova.

In this context, the IMF experts welcomed the adoption by the Parliament of the draft laws aimed at strengthening the consumer protection of non-bank credits and the partial harmonization of the national regulation framework to the EU provisions on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II).