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

of December 4, 2014 No. 58/3

About the external bank guarantee

In view of the letter of Council of Bureau of the International system of insurance "Green card" (further – Council of Bureau) from 25.11.2014, according to which for National bureau of insurers of vehicles was established the external bank guarantee in the minimum size of 4250000 Euros, based on Art. provisions 3, by Art. 4 of the h. (1) and h. (2), Art. 8 of the item c) and r), Art. 9 of the h. (1) the item d) and r) The law No. 192-XIV of 12.11.1998 "About the National commission on the financial market" (it is repeatedly published in the Official monitor of the Republic of Moldova, 2007, No. 117-126 BIS), Art. 30 of the h. (4), Art. 5 of the h. (2) the item b) the Law No. 414-XVI of 22.12.2006 "About obligatory civil liability insurance for the damage caused by vehicles" (The official monitor of the Republic of Moldova, 2007, No. 32-35, the Art. 112), Art. 24 of the h. (3) item i), Art. 55 of h. (2) and (3) Law No. 407-XVI of 21.12.2006 "About insurance" (The official monitor of the Republic of Moldova, 2007, No. 47-49, the Art. 213), the National commission on the DECIDES: financial market

1. Order to insurers who on the date of entry into force of this resolution have the license for internal and external compulsory third party car insurance (further - insurers):

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