News about Regulation

Ukrainian law enforcers have exposed the activities of a group of scammers who organized a scheme to embezzle funds under the guise of crypto-investments.

Moldova’s debt to the CIS amounts to 1.6 million lei. Foreign Minister Mihail Popşoi made it clear that Moldova is ready to repay it.

In Bulgaria, exceeding of permissible pesticide norms was detected in a consignment of Argentine sunflower delivered by the third ship. According to laboratory tests, the level of deltamethrin in the samples is twice as high as the established norms. The samples were taken by inspectors of the Bulgarian Food Safety Agency (BFSA) in the presence of local agricultural producers.

Russian oil company Lukoil has completely devalued its investments in foreign assets amid US sanctions.

UPDATED. The Parliament adopted in the first reading two draft laws on the regulation of short supply chains of agri-food products, one from PAS and one from Democrația Acasă. The opposition faction used a special “argument” for clarity: the deputies were given bulbs.

Mopeds, scooters, motor scooters and motorcycles with an electric motor, as well as electric cars and special purpose vehicles on passenger car chassis, i.e., vehicles with an electric motor became subject to road use tax.

The rights of former patentees to protection of personal data continue to be violated. The state does not respond to the publication of their personal information in checks, and the draft law on the protection of this data has been awaiting a government response for over six months.

Reporting financial institutions (so-called reporting units) will submit to the State Tax Service (STS) additional information on the financial accounts of enterprises.

Legalization of EU citizens in Moldova is simplified by the removal of bureaucracy and other administrative barriers. Both they and their family members enjoy equal rights, including free access to the labor market. For example, the possibility to carry out activities on the basis of an entrepreneurial patent.

After three-hour talks with Belarusian leader Alexander Lukashenko, U.S. Special Envoy John Cole said that President Donald Trump calls Lukashenko his friend and a respected world leader.

Moldova and Ukraine have signed a new agreement in the social security sector. According to the document, citizens of both countries permanently residing in the territory of the other state will be able to receive retirement, disability, survivor pensions, as well as payments in connection with industrial accidents and occupational diseases.

Due to the crisis in the Middle East, global gas prices have increased. However, Moldova has not suffered yet – the country does not import gas from this region. Moreover, purchases are made under contracts indexed one month in advance. The director general of the National Energy Regulatory Agency (ANRE), Aleksey Taran, assured that the regulated gas price will remain unchanged for the time being.

Austria wants to temporarily reduce the tax on mineral fuels: as a first step, the tax on diesel and gasoline is to be reduced by 5 euro cents per liter each, the Austrian federal government has announced.

Sri Lanka has introduced additional restrictions on fuel sales amid supply problems related to the situation in the Strait of Hormuz. Now the refueling of cars depends not only on QR codes, but also on the last digit of the license plate: cars with even-numbered license plates can receive gasoline on even days, with odd-numbered license plates – on odd days.

As of January 1, Russian border guards had 8.9 million orders from bailiffs to ban debtors from leaving Russia – 1.4 times more than a year ago. This is partly an accumulated effect: the issuance of new bans is declining.

New standards of consumer protection, on the one hand, and control over the activities of professional participants, on the other hand, are unlikely to cool down demand in the financial market. But, undoubtedly, they will add confidence to both sides of “money relations”.

The steady increase in prices for oil products continues in Moldova.

The signature of the recipient/supplier will not be required on the supplier’s copy of the tax invoice for the supply of services as well as electricity, natural gas, thermal energy, hot water and telecommunication services limited to telephony, internet and television services.

Only 15 out of 240 state-owned companies have external audits, and 55 out of 108 state-owned enterprises are headed by temporary administrators. These are statements from audit reports prepared by experts of the Audit Chamber. They were voiced during a meeting of the parliamentary commission for the control of public finances.

Real estate brokers will be required to obtain certification of professional competence. A draft law on the activities of real estate agents will be put to a vote in its second and final reading at a parliamentary session on Friday, March 20.