Moldova's National Commission for Financial Markets published decisions from its July 7 and 13 board meetings covering consumer protection, insurance and capital markets. The main supervisory measure was a MDL 250,000 coercive fine on non-bank lender MOGO LOANS for only partially complying with a June 9, 2025 order that required it to review credit contracts found to breach the law and return improperly collected amounts to consumers. Separately, the authority approved technical changes to the standard Green Card insurance certificate used in Moldova and cleared several corporate reorganization and securities register removals. The MOGO LOANS order requires refunds of all payments made under affected contracts, including interest, commissions, fees, penalties, default interest and any other charges, except the principal originally disbursed. Consumers who entered into a credit contract with MOGO LOANS from May 29, 2022 and whose loan was still active on March 11, 2025 may ask the lender to verify whether they qualify for reimbursement, but the authority stressed that refunds do not apply automatically to all contracts from that period and only cover cases where legal breaches were identified. On the regulatory side, the Green Card certificate amendments are technical and align Moldova's document with the standard approved by the Council of Bureaux, mainly by updating contact information on the reverse side for Albania's national bureau and Moldova's National Bureau of Motor Insurers. The board also authorized the reorganization of BUSINESS-INVESTIȚII PENTRU TOȚI into a limited liability company and removed the securities of MOLDAMORIM, GARANT-GRUP and ELAT from the register of securities issuers following liquidation or conversion into a limited liability company.

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