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About Prescribing International Insurance Company "asito" Sa

Original Language Title: cu privire la prescrierea Companiei Internaționale de Asigurări „ASITO” S.A.

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Following the registration on 12.05.2016 by the National Bureau of Motor Insurers 3 applications call for Warranty International Insurance Company "ASITO" SA, given the lingering risk suspension from Moldova international insurance system "Green Card "the decision to revoke the suspension is conditioned by the Council of Bureaux international insurance system" Green Card "with the total lack of applications for calling in collateral to avoid the emergence of new applications call for warranty International Insurance company" ASITO "SA taking into account the decision of the National Commission of Financial Market no.36 / 5 of 06.26.2015 "on prescription insurers licensed to provide compulsory motor liability internal and external" one, pursuant to Article 31 para. (2) , article 32 para. (6) of Law No. 414-XVI from 22.12.2006 "on compulsory insurance of civil liability of vehicles' 2, 54 para. (1) and paragraph 55 . (1) c) of Law No. 407-XVI from 21.12.2006 "on insurance" 3, Article 1, Article 3, Article 8 b) and paragraph f) art. 9 para. (1) d) and letter r), Article 22 para. (2), (3), Article 25 para. (2) of Law No. 192-XIV of 12.11.1998 "on National Commission of Financial Market "4

1Monitorul ___________________________________________ Oficial, 2015 nr.166-176 art.1111 2Monitorul
Oficial, 2007 nr.32-35, art. 112
3Monitorul Oficial, 2007 nr.47-49, 213
4Republicată in the Official Gazette of the Republic of Moldova, 2007, BIS nr.117-126


NATIONAL FINANCIAL MARKET COMMISSION DECIDES:

1. Prescribing persons with officials of International Insurance Company "ASITO" SA carry out, within 1 day of entry into force of this decision, the payment as reimbursement requests submitted by foreign insurance companies, whose term execution expired on account of funds held in current accounts of the insurer.
2. Prescribing repeatedly persons with officials of International Insurance Company "ASITO" SA payment of any sums National Desks engines from abroad or foreign insurance companies have paid as compensation for damage caused by the holders of certificates insurance "Green Card" issued by insurers in accordance with the General Regulation of the Council of Bureaux international insurance system "Green Card" and not allowing new applications for calling in collateral submitted by the national engines from abroad to be paid by the Office national Motor Insurers.
March. It warns International Insurance Company "ASITO" SA and the persons responsible for an insurer to sanction in accordance with the legal provisions in force, including art. 21 (2) letter f) of Law No. 451-XV from 30.07 .2001 "on licensing of entrepreneurial activity" 5, point 1 and point 2 non-implementation of the provisions of this decision. _____________________________________________

5Republicată in the Official Gazette of the Republic of Moldova, 2005, nr.26-28, Article 95

4. Control over the execution of this decision is the responsibility of the General Directorate insurance supervision.
May. 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