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About Prescribing Repeated Insurance Brokers' Expert Broker "llc To Respect The Licensing Terms In Insurance

Original Language Title: cu privire la prescrierea repetată Brokerului de Asigurare „BROKER EXPERT” S.R.L. de a respecta condițiile de licențiere din domeniul asigurărilor

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Given the failure of the insurance brokers' EXPERT BROKER "Ltd. provisions of the Resolution of the National Commission of Financial Market No.36 / 1 of 7.11.2014" On prescription insurance broker "BROKER EXPERT" SRL to meet licensing conditions insurance "(Official Gazette of the Republic of Moldova, 2014 nr.209-216, art.993), pursuant to Article 49 para. (2) letter f), article 50 para. (1) d ) of Law no. 407-XVI from 21.12.2006 "On insurance" (Official Gazette of the Republic of Moldova, 2007, nr.47-49, 213), Article 2, Article 19 para. (2)), par. (5) and para. (8) of Law No. 451-XV of 30.07.2001 "on regulating the licensing of entrepreneurial activity" (republished in the Official Gazette of the Republic of Moldova, 2005, no. 26-28, art .95), article 3, art. 4 (2), article 8, letter b), article 9 para. (1) d) and letter r), Article 22 para. (3 ), article 25 par. (2) of Law No. 192-XIV of 12.11.1998 "on the National Commission of Financial Market" (republished in the Official Gazette of the Republic of Moldova, 2007, nr.117-126 BIS) and the Regulation on gradualizarea sanctions imposed on insurers (reinsurers) or insurance and / or reinsurance, approved by the National Commission of Financial Market Decision No. 60/5 of 20.12.2013 (Official Gazette of the Republic of Moldova, 2014 nr.53-59, art. 313)

NATIONAL FINANCIAL MARKET COMMISSION DECIDES:

1. Insurance broker is punishable "EXPERT BROKER" Ltd. with a fine of 5.0 thousand, which is transferred to the state budget.
2. Insurance brokers repeatedly prescribing "BROKER EXPERT" SRL compliance by ensuring compliance administrator licensing requirements established by legislation.
March. Insurance broker warns "EXPERT BROKER" Ltd the withdrawal of the license issued for carrying out insurance mediation in case of non limitation of section 2 of this decision and the need unconditional observance of the legislation in the insurance field.
4. Limitation on execution will inform the National Commission of Financial Market within 15 days.
May. Control over the execution of this decision is the responsibility of the General Directorate insurance supervision.
June. This decision shall enter into force in accordance with Article 22 para. (3) of Law No. 192-XIV of 12.11.1998 "On the National Commission of Financial Market".


COMMISSION VICE NATIONAL FINANCIAL MARKET Iurie FILIP