RESOLUTION OF THE NATIONAL COMMISSION ON THE FINANCIAL MARKET OF THE REPUBLIC OF MOLDOVA

of May 20, 2022 No. 20/5

About approval of Regulations about the requirements of responsible crediting applied to non-bank credit institutions

Based on Item е) parts (4) article 23 of the Law No. 1/2018 on non-bank credit institutions (The official monitor of the Republic of Moldova, 2018, No. 108-112, the Art. 200), with subsequent changes, and article 8 of the Law No. 202/2013 on credit agreements with consumers (The official monitor of the Republic of Moldova, 2013, No. 191-197, the Art. 619) the National commission on the DECIDES: financial market

1. Approve Regulations about the requirements of responsible crediting applied to non-bank credit institutions according to appendix.

2. This resolution becomes effective on September 1, 2022.

Appendix

to the Resolution of the National commission on the financial market of the Republic of Moldova of May 20, 2022 No. 20/5

Regulations about the requirements of responsible crediting applied to non-bank credit institutions

Chapter I General provisions

1. The purpose of these Regulations is establishment for the non-bank credit institutions (further - NPO) registered in the Register of the authorized non-bank credit institutions, certain requirements concerning provision of the non-bank credit and/or financial leasing, including conditions and evaluation procedure of capability of the consumer to repay the non-bank credit and/or financial leasing, and also degrees of mortgage covering.

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