ORDER OF THE GOVERNMENT OF THE REPUBLIC OF MOLDOVA

of May 28, 2014 No. 387

About approval of the Regulations on purchase of financial services by the state/municipal companies and commercial societies with completely or mainly state capital

For the purpose of establishment of the procedure of selection of suppliers of financial services according to earlier established criteria (prudential regulations), and also for ensuring protection of economic agents against potential fluctuations in banking sector the Government DECIDES:

1. Approve Regulations on purchase of financial services by the state/municipal companies and commercial societies with completely or mainly by the state capital it (is applied).

2. To provide to the agency of public property by means of the representatives in administrative boards of the state companies and councils of commercial societies with completely or mainly state capital decision making about purchase of financial services, according to the approved Provision.

3. Recommend to local authorities of public management ensuring decision making about implementation of purchases of financial services by the municipal companies and commercial societies with completely or mainly the capital of administrative and territorial units, according to the approved Provision.

4. The purchase agreements of financial services which are in process of implementation at the time of entry into force of this Resolution come to the end according to the procedures established for date of their initiation.

Approved by the Order of the Government of the Republic of Moldova of May 28, 2014 No. 387

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