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On The Failure By Some Savings And Loan Associations Annual Financial Statements

Original Language Title: cu privire la neprezentarea de către unele asociaţii de economii şi împrumut a situațiilor financiare anuale

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As a result of monitoring the annual financial statements submitted to the National Commission of Financial Market by savings and loan associations holding an A license, in accordance with art. 9 paragraph. (2) b) and art. 44 para. (2) of Law No savings and loan associations. 139-XVI of 21.06.2007 (Official Gazette of the Republic of Moldova, 2007, no. 112-116, art. 506), art. 13 para. (2) h) and art. 38 para. (3) a) the Accounting Law no. 113-XVI of 27.04.2007 (republished in the Official Gazette of the Republic of Moldova, 2014, no. 27-34, art. 61), pt. 13 of the Instruction on reporting savings and loan associations, approved by the National Commission Decision No Financial market. 44/8 of 08.10.2009 (Official Gazette of the Republic of Moldova, 2010, no. 56-57, art. 229), there was failure by the SCA. "Monk" (Monk village, Falesti, IDNO 1004602000890) SCA. "Măgdăceşti" (Măgdăceşti village, Criuleni, IDNO 1011600004296) and SCA. "Prodanesti" (Prodanesti village, Floreşti, IDNO 1003607017751) annual financial statements for the reporting year 2015.
Pursuant to art. 1, art. 3, art. 4 art. 8 letters b) and lit. f) art. 9 paragraph. (1) c) letter d) letter e) and lit. r), art. 21 para. (1), Art. 22 para. (3), art. 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, no. 117-126 BIS), art. 9 paragraph. (2) b) and lit. e) art. 44 para. (2) 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 of 21.06.2007,

NATIONAL FINANCIAL MARKET COMMISSION DECIDES
:

1. SCA administrators prescribing. "Monk" SCA. "Măgdăceşti" and SCA. "Prodanesti" National Financial Market Commission's presentation of the annual financial statements for the reporting year 2015 within 15 days from the effective date of this decision.
2. SCA administrators warn. "Monk" SCA. "Măgdăceşti" and SCA. "Prodanesti" that, for infringements pt. 1 of this decision will be suspended operations at the bank accounts of respective loan and savings associations.
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 in accordance with art. 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