Moldova's National Commission for Financial Markets launches consultation on standard insurance product information document rules

Moldova's National Commission for Financial Markets published decisions from its 7 October 2025 meeting, including the start of public consultations on draft rules that would require a standard insurance product information document to be provided to customers before an insurance contract is concluded. The board also took a set of capital markets authorisation actions covering a mandatory withdrawal offer and the registration of two share capital increases. The draft regulation is based on amendments to Law No. 92/2022 introduced by Law No. 189 of 10 July 2025 and sets a single approach to the pre-contract information given to insurance applicants. The insurance product information document would be in a standard format, provided free of charge on paper or electronically, and include essential information such as key covered risks, main exclusions, relevant obligations, geographical coverage, payment methods and contract duration, with application planned from 26 June 2026. On the capital markets side, the Commission endorsed a mandatory withdrawal request initiated by IT-IPPON LLC to the shareholders of MOSCOVA JSC for 16,159 registered ordinary shares, representing 0.54% of the company’s share capital, and registered additional share issues of MDL 748,800 each for DRUMURI-CIMIŞLIA SA and DRUMURI IALOVENI SA, comprising 74,880 registered ordinary shares funded via non-cash contributions. The draft insurance disclosure decision is to be sent to interested authorities and institutions for endorsement and submitted to public consultation, with the new disclosure document scheduled to apply from 26 June 2026.