Following the referral of the National Commission of financial market by the Administrator A.E.Î. "OXENTEA" at the time of 11.05.2016 and of the report submitted by him on the 04.05.2016 concerning the enforcement of the National Commission of financial market nr. 60/10 from 12.12.2014 "With regard to the results of the monitoring of compliance with legislation in the thematic field of savings and loan associations by A.E.Î." OXENTEA "(Official Gazette of the Republic of Moldova, 2014, no. 385, 1900) and nr. 5/1 from 29.01.2016 "With regard to the execution of the National Commission of financial market nr. 60/10 from 12.12.2014" (Official Gazette of the Republic of Moldova, 2016, no. 25-30 art. 156) enclosing supporting documents, it reveals the execution of prescriptions ordered by decisions referred to.
At the same time, in order to ensure compliance with article 11. 29 para. (3), art. 33 para. (3) (a). e) of savings and loan associations no. 139-XVI from 21.06.2007 (Official Gazette of the Republic of Moldova, 2007, nr. 112-116, article 506) and paragraph 4 of the rules of financial prudence to savings and loan associations, approved by the decision of the National Commission of financial market nr. 17/8 of 30.04.2008 (Official Gazette of the Republic of Moldova, 2008, no. 131-133, art. 381), under which the Association that holds category B licence is required to hold the value of the assets of the Association at least 1500000 lei and respectively, to maintain institutional reserve in relation to the value of the assets at any time not less than 10 percent, it means a recurrence of A.E.Î. activity "OXENTEA" by providing loans at the expense of savings deposits attracted from its members, as well as the expense of collecting overdue loans expired.
Proceeding from the above, taking into account the commitments entered into by A.E.Î. "OXENTEA", pursuant to article 1, article 3, article 4, article 8 b) and paragraph 2 of point f), art. 9 para. (1) d) and subparagraph (c)), article 22, paragraph 2. (3), para. (2) of law No. 192-XIV of 12.11.1998 "Concerning the National Commission for financial market" (republished in the Official Gazette of the Republic of Moldova, 2007, nr. 117-126 BIS), art. 9 para. (2) letter b) and subparagraph (c)), art. 46 para. (1) paragraphs 1 and 2. (2) and paragraphs 1 and 2. (5), article 49 paragraph 3. (1) (a). c) of savings and loan associations no. 139-XVI from 21.06.2007 norms of financial prudence to savings and loan associations, the NATIONAL COMMISSION of FINANCIAL MARKET DECIDES: 1. Point 3 of the Decision of the National Commission of financial market nr. 60/10 from 12.12.2014 "With regard to the results of the monitoring of compliance with legislation in the thematic field of savings and loan associations by A.E.Î." OXENTEA "is repealed.
2. Point 2 of the Decision of the National Commission of financial market nr. 5/1 from 29.01.2016 "With regard to the execution of the National Commission of financial market nr. 60/10 from 12.12.2014" is repealed.
3. Prescribe A.E.Î. administrators "OXENTEA" Association compliance requirements of art. 29 para. (3), art. 33 para. (3) (a). e) of savings and loan associations no. 139-XVI from 21.06.2007 and paragraph 4 of the rules of financial prudence to savings and loan associations.
4. A.E.Î. "OXENTEA" shall submit monthly reports on measures taken to enforce the point 3 of this decision, with the annexation of children supporting documents.
5. The control over the execution of the given decision is put in charge of the Directorate-General for collective investments and microfinance.
6. this decision shall enter into force on the date of its adoption, shall 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.

VICE-CHAIRMAN of the NATIONAL COMMISSION of FINANCIAL MARKET Karen Fahie