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

of July 19, 2022 No. 34/12

About modification of appendix No. 1 to the Resolution of the National commission on the financial market No. 2/1/2011 about approval of the Regulations on margins of solvency and liquidity rate of the insurer (overcautious person)

Based on part (4) and parts (7) Articles 30, parts (10) Article 34 of the Insurance law No. 407/2006 (The official monitor of the Republic of Moldova, 2007, No. 47-49, the Art. 213), with subsequent changes and amendments, the National commission on the DECIDES: financial market

1. In appendix No. 1 to the Resolution of the National commission on the financial market No. 2/1/2011 about approval of the Regulations on margins of solvency and liquidity rate of the insurer (overcautious person) (The official monitor of the Republic of Moldova, 2011, No. 56-62, the Art. 310), registered in the Ministry of Justice of the Republic of Moldova at No. 812 of 8:04. 2011, with subsequent changes and amendments to make the following changes:

In all text of the Provision and all appendices the word "settlement" to exclude 1), and words "financial institutions" in any grammatical form to replace with the word "bank" in the corresponding grammatical form;

2) in Items 3, the 6 and 7 text "insurance company" is excluded in any grammatical form;

To add 3) with Item 1-1 of the following content:

"1-1. In content of the Provision of the reference to the insurer (overcautious person) and the minimum margin of solvency are read as references to insurance company and warranty minimum margin of solvency if other is not provided.";

4) in Item 2:

a) concept free (actual) margin of solvency - to state in the following edition:

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