News about Regulation

Moldova needs to start finding common ground. Not about everything at once, and not about the past. But at least on what kind of country we are trying to build and whether there is a place in it for people with different experiences, languages and views of what is happening.

The National Energy Regulatory Agency (NARE) has published new maximum prices for gasoline and diesel fuel, which will take effect on August 5.

The National Energy Regulatory Agency (NARE) has approved new rates for water supply and sewerage services provided by four companies, including Apă-Canal Chișinău.

U.S. financial regulators have fined the Swiss bank UBS $125 million for violations of anti-money laundering (AML) regulations. According to the U.S. Department of the Treasury, this is the largest civil penalty ever imposed on a broker-dealer for violating the Bank Secrecy Act.

“Granting permission for the visit of the delegation from Afghanistan was a mistake in assessing the situation and in interagency coordination,” said Prime Minister Vasile Tofan. According to him, formal administrative procedures were followed, but the potential political and diplomatic risks were not sufficiently taken into account when the decision was made.

Moldova is expanding the list of products subject to excise taxes, including electricity.

The government will determine the amount and mechanism of compensation for the cold season following a decision by the National Energy Regulatory Agency (NARE) on natural gas rates. This was announced by Government Secretary-General Alexei Buz.

Moldova will establish a national electronic system for the exchange of information on freight transport—eFTI.

Serbia’s largest oil company, Naftna Industrija Srbije (NIS), which is indirectly controlled by Russia through Gazprom and Gazpromneft, has reached an agreement to sell its Romanian subsidiary, NIS Petrol, which owns 19 gas stations operating under the Gazprom brand.

Full disclosure of costs, currency risks, liabilities, and the rights of mortgage borrowers—these are the requirements of the new mortgage bill. The document is currently undergoing discussion and review, after which it will be submitted to the government for approval in accordance with European standards for the protection of financial services consumers.

Last week, border guards uncovered twelve cases of forged travel documents.

Cross-border traffic between Moldova and Romania has increased by 40% compared to the same period last year. This has prompted the authorities of both countries to consider measures to optimize it.

The National Crisis Management Commission has approved new measures to mitigate risks related to electricity and water supply, amid a decline in regional power generation capacity and water shortages in the Dniester River basin.

The Romanian government has reached an agreement with major industrial consumers to voluntarily reduce energy consumption during evening hours amid an energy crisis caused by a severe drought and a sharp drop in water levels in the Danube.

Moldova has established new procedures for admission to the profession of mediator based on a qualifying exam administered by the Mediator Licensing Commission, as well as procedures for appealing the Commission’s decisions.

Aneta Gonca has been elected the new chair of the Television and Radio Council (TRC). Six members of the regulatory body supported her candidacy; one ballot was deemed invalid. The decision was made at today’s Council meeting, when former chair Liliana Vitsu announced her resignation.

Moldova has issued visas to members of the Afghan Ministry of Agriculture delegation, but emphasizes that it does not recognize the Taliban government and will not hold official meetings with representatives of the delegation. The Foreign Ministry’s statement followed press reports about the visit by the Afghan representatives.

Risks to the functioning of Moldova’s nonbanking sector remain low, and the sector’s financial position is stable. According to data presented at a meeting of the National Committee on Financial Stability, the nonbank financial sector is demonstrating resilience in the face of external and internal challenges.

When installing solar panels and heat pumps, no contributions to the Fixed Assets Fund (0.5% of the investment amount) will be required.

The price of diesel fuel has approached 33 lei per liter.