About Prescribing Savings And Loan Association "microîmprumut" To Comply With Legal Requirements

Original Language Title: cu privire la prescrierea Asociației de Economii și Împrumut“MICROÎMPRUMUT” de a se conforma cerințelor legislației

Read the untranslated law here: https://www.global-regulation.com/law/moldova/5967563/cu-privire-la-prescrierea-asociaiei-de-economii-i-mprumutmicromprumut-de-a-se-conforma-cerinelor-legislaiei.html

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In the context of updating the National Commission of Financial Market resolutions no. And No. 22/10 of 17.05.20131. 39/6 of 10.07.20152 license Savings and Loan Association "MICROÎMPRUMUT" (str. Alexandru cel Bun no. 9 s. Ciorescu, mun., IDNO 1007600070746) by including 10 branches in the Annex to license and monitor activity their failure to ensure compliance is found far to the requirements of art. 12 para. (1) and paragraph. (2) art. 40 para. (2) m) of Law No savings and loan associations. 139-XVI from 21.06.20073, pt. 7 of point. 3) of the Regulation on the issuance of the state registration of associations of savings and loan, approved by the National Commission of Financial Market Decision no. 10/17 of 27.02.20154, pt. 5 and pt. 9 of the Regulation on requirements to administrators and savings associations loan, approved by the National Commission of Financial Market Decision no. 63/6 of 25.12.20075 on the need for designation and confirmation by the National Commission of Financial Market leaders (administrators) to 8 subsidiaries of the Savings and Loan Association "MICROÎMPRUMUT", namely: "Băcioi" "Ghidighici" "Bubuieci" "Măgdăceşti", "Cricova", "Stăuceni" "Durleşti" and "Grătieşti".

1 ______________________________________ Official Gazette of the Republic of Moldova, 2013, no. 119-121, art. 808
2 Official Gazette of the Republic of Moldova, 2015, no. 185-189, art.
March 1302 Official Gazette of the Republic of Moldova, 2007, no. 112-116, art. 506
4 Official Gazette of the Republic of Moldova, 2015, no. 94-97, art. 671
5 Official Gazette of the Republic of Moldova, 2008, no. 37-39, art. 90

Based on the above, pursuant to art. 1, art. 3, art. 4 art. 8 letters b) and lit. f) art. 9 paragraph. (1) d) letter j) and lit. r), art. 22 para. (3), art. 25 para. (2) of Law no. 192-XIV from 12.11.1998 "On the National Commission of Financial Market" 6 art. 9 paragraph. (2) e) art. 46 para. (1), para. (2) and. (5) art. 49 para. (1) a) and lit. c) of Law No savings and loan associations. 139-XVI from 21.06.2007, the Regulation on requirements to administrators and savings associations loan

______________________________________ 6republicată in the Official Gazette of the Republic of Moldova, 2007, no.
BIS 117-126 NATIONAL FINANCIAL MARKET COMMISSION DECIDES
:
1. Prescribing administrators Savings and Loan Association "MICROÎMPRUMUT" designation and confirmation of the leaders (managers) of subsidiaries association in accordance with law within 90 working days from the effective date of this decision.
2. It initiates the accountability contravention of the Executive Director of the Association of Savings and Credit "MICROÎMPRUMUT" according to art. 3043 par. (1) of the Offences Code of the Republic of Moldova and warns association board members on the need to respect legal requirements.
March. Control over the execution of this decision is the responsibility of the General Directorate of collective investments and microfinance.
4. This decision shall enter into force upon adoption, will be published on the official website of the National Commission of Financial Market (www.cnpf.md) and in the Official Gazette of the Republic of Moldova.


COMMISSION VICE NATIONAL FINANCIAL MARKET Iurie FILIP