Moldova's National Commission for Financial Markets adopted a set of board decisions covering capital markets authorisations and consumer protection supervision, including registering a sizeable equity increase for an issuer, removing a bank’s securities from the issuer register following a merger, and adjusting an ongoing thematic control of a non-bank lender. In authorisation actions, the regulator registered the results of FABRICA DE ARTICOLE DE MAROCHINARIE “ARTIMA” SA’s additional share issue of MDL 50,000,000, comprising 12,500,000 ordinary registered shares paid in cash; following the increase, ARTIMA’s share capital is MDL 65,942,776, divided into 16,485,694 class I ordinary registered shares with a nominal value of MDL 4 each. It also removed from the securities issuer register the previously issued securities of BANCA COMERCIALĂ ROMÂNĂ CHIȘINĂU SA (72,813 ordinary registered shares) after its reorganisation through absorption by Banca Comercială “VICTORIABANK” SA. On supervision, the board modified the timeframe for the administrative control procedure and changed the type of control to an on-site inspection for a thematic review of OCN “MOGO LOANS” SRL’s compliance with specified provisions of Law No. 202/2013 for non-bank credit agreements concluded between 29.05.2022 and 11.03.2025, and rejected preliminary requests/notifications submitted by STEJAUR SA, DOUBLE CASE SRL, DOUBLE CASE CONSULTING-GROUP SRL and the representative of BAR “TRANSAF GRUP” SRL.
National Commission for Financial Markets 2025-04-07
Moldova's National Commission for Financial Markets registers ARTIMA’s MDL 50 million share issue and updates supervisory actions including an on-site inspection of MOGO Loans
Moldova's National Commission for Financial Markets adopted board decisions on capital markets authorisations and consumer protection supervision. Key actions include registering a MDL 50 million equity increase for ARTIMA SA, removing BANCA COMERCIALĂ ROMÂNĂ CHIȘINĂU SA's securities post-merger, and adjusting the control procedure for MOGO LOANS SRL. Additionally, preliminary requests from several entities were rejected.