News about Regulation

The Committee on Economy, Budget, and Finance of the Moldovan Parliament approved a report on a draft law regarding the comparability of fees for payment accounts, switching payment accounts, and access to payment accounts with basic services.

On June 16, the Moldovan International Stock Exchange (MISX, BIMx) submitted documents to the National Commission for Financial Markets (CNPF) to obtain a market operator license.

Moldova aims to remove some of the administrative barriers involved in the installation of energy storage systems. This is provided for in a draft law reviewed by members of the Committee on Economy, Budget, and Finance at today’s meeting.

The Anti-Money Laundering Service is introducing a new specialized position: “financial intelligence officer.” This move is intended to bring Moldovan legislation into line with the international standards of the Egmont Group.

Experts from the Council of Europe acknowledged the need to strengthen the integrity of the judicial system, but called for a clear distinction between the routine evaluation of judges and the vetting process

In its latest June report on financial stability, the International Monetary Fund recommends that the National Bank of Moldova (NBM) strengthen protections for commercial banks to help them weather potential economic and financial shocks. IMF experts also suggest paying closer attention to foreign exchange risks, maintaining the flexibility of the national currency, and fostering confidence in the banking system and the regulator’s policies as a whole.

Prepaid SIM cards and eSIMs can only be activated after the owner’s identity has been verified using an ID card. However, this measure does not restrict citizens’ access to mobile services—SIM cards will continue to be sold freely. The decision was approved today by the government to prevent fraud, scams, and other abuses committed using anonymous phone numbers.

Binance, the world’s largest cryptocurrency exchange, may lose the ability to provide services to customers in the European Union as early as July 1, Reuters reports, citing sources familiar with the situation.

Capital gains realized on the sale of a primary residence will be exempt from income tax only if the amount does not exceed 1 million lei. If the limit is exceeded, the amount will be subject to income tax at a rate of 15%.

The Ministry of Economic Development and Digitalization has launched public consultations on a comprehensive package of legislative initiatives designed to accelerate the digital transformation of the economy by removing administrative, fiscal, and operational barriers.

Representatives of the “Spiru Haret” Federation of Education Workers’ Unions and the Federation of Free Education Workers’ Unions are holding protests on June 17 to express their dissatisfaction with the provisions of the new wage bill.

The Latvian government plans to expand the list of agricultural products banned from import from Russia and Belarus. This is stated in a letter prepared by the Ministry of Agriculture and endorsed by the government on Tuesday.

The Congress of Local Authorities of Moldova (CALM) has sent a letter to the government, the presidential administration, and parliament requesting that its proposal for reforming local public administration be considered within the framework of the existing joint commission.

Moldova is bringing its labor laws into line with European standards by revising the rights of foreign nationals and their access to employment services.

Moldova is expanding its international exchange of financial information. The Committee on Economy, Budget, and Finance will consider amendments to the Multilateral Agreement among Competent Authorities on the Automatic Exchange of Financial Account Information.

The Ministry of the Environment organized a second training session on environmental responsibility, focusing on the application of new rules for identifying, assessing, preventing, and remedying environmental damage.

Today, the overwhelming majority of Members of the European Parliament voted in favor of eliminating tariffs on industrial goods, seafood, and agricultural products from the United States. The proposal must now be approved by the Council of the European Union.

Netflix shares fell following reports that the company had lost the battle to acquire Roku—one of the largest streaming platforms. Fox Corporation emerged as the buyer, having reached an agreement to acquire Roku for $22 billion.

The Embassy of the United States of America in the Republic of Moldova introduced its new military attaché. Lieutenant Colonel Marcel Bolboca-Negru was introduced to Defense Minister Anatolie Nosat. Nick Petrovich, Chargé d’Affaires ad interim at the U.S. Embassy in Chisinau, also attended the meeting.

On June 16, prosecutors from Romania’s National Anti-Corruption Directorate (DNA) conducted large-scale raids on home delivery courier services.