The Withdrawal Of The License Savings And Loan Association "cuşmirca"

Original Language Title: cu privire la retragerea licenţei Asociaţiei de Economii şi Împrumut „CUŞMIRCA”

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As a result of the failure, repeatedly, by the Association of Savings and Credit Managers' Cuşmirca "(Cuşmirca village, Soldanesti, IDNO 1003606003641) prescriptions established by the decisions of the National Commission of Financial Market no. 27/3 of 03.06.2016 "On the failure by some savings and loan associations specialized reports for the first quarter of the reporting year 2016 '(Official Gazette of the Republic of Moldova, 2016, no. 157-162, Art. 1019 ) and no. 32/3 of 30.06.2016 "On repeated prescription savings and loan associations to submit special reports for the first quarter of the reporting year 2016 '(Official Gazette of the Republic of Moldova, 2016, no. 193-203, art. 1161) pursuant to article 1, article 3, article 4, article 8, letter b), c) and paragraph f), article 9 para. (1) d) and lit. e) art. 21 para. (1), Art. 22 para. (3), Article 25 para. (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) Article 9 paragraph. (2)), Article 32 para. (1), art. 46 (1), para. (2) and. (5), Article 49 para. (1 ) e) of Law No 139 savings and loan associations XVI of 21.06.2007 (Official Gazette of the Republic of Moldova, 2007, nr.112-116, 506), art. 8 (1) lit .c) pct.36), art. 21 (2) letter f) and para. (6) of Law No. 451-XV of 30.07.2001 "on regulating the licensing of entrepreneurial activity" (republished in Official Gazette of the Republic of Moldova, 2005, nr.26-28, art.95)

NATIONAL FINANCIAL MARKET COMMISSION DECIDES:

1. Withdraw the license Savings and Loan Association "Cuşmirca" series NCFM no. 000262, issued on April 9, 2009 for the activity of savings and loan associations category A filing revoked license from the National Commission of Financial Market within 10 working days from the effective date of this decision.
2. Control over the execution of this decision is the responsibility of the General Directorate of collective investments and microfinance.
March. 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.

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