Moldova's National Commission for Financial Markets adopted a package of consumer protection and capital market decisions, led by approval of a regulation on direct settlement in compulsory motor third-party liability insurance (RCA). The new framework allows an insured person who was not at fault in an accident to handle the claim with their own RCA insurer, where that insurer offers the service and charges an additional fee. The same set of decisions also updates the securities issuer register, including the registration of a new Moldova-Agroindbank bond issue. The insurance regulation sets rules for cooperation between RCA insurers, including procedural stages, recovery and offsetting of paid amounts, and deadlines and conditions for payments between insurers. After paying compensation, the injured party's insurer will recover the amount from the insurer of the driver responsible for the accident. Use of the service remains optional for insurers and is conditional on automated damage assessment systems. The authority also amended RCA forms to reflect the direct settlement option and added clarifications on concluding contracts electronically. On the capital market side, it registered the second bond issue under Moldova-Agroindbank's fourth offering programme for MDL 124.84 million, comprising 6,242 class VI registered bonds with a nominal value of MDL 20,000, a three-year term, and a floating coupon linked to the average weighted rate on new MDL deposits across the banking sector with maturities of six to 12 months, as published by the National Bank of Moldova on 30 March 2026, plus a fixed 1.0 percent margin paid monthly. It also registered Restaurant Nistru's MDL 15.6 million capital increase through a rise in nominal share value from MDL 1 to MDL 27, cancelled the securities of Angrocultcom following liquidation, and approved revaluations reducing sale prices by up to 5 percent for unsold share packages held by three fiduciary companies after 50 joint-stock companies were not sold in Moldova Stock Exchange auctions. The direct settlement regulation was previously subject to public consultation and will become applicable six months after publication in the Official Gazette of the Republic of Moldova.
National Commission for Financial Markets 2026-04-30
Moldova's National Commission for Financial Markets approves direct settlement rules for compulsory motor liability insurance and registers MDL 124.84 million Moldova-Agroindbank bond issue
Moldova’s National Commission for Financial Markets adopted a regulation enabling direct settlement in compulsory motor third-party liability insurance, allowing non-fault insureds to claim from their own insurer for an extra fee, and setting cooperation, recovery and payment rules between insurers, plus updated RCA forms and e-contracting clarifications. It also registered Moldova-Agroindbank’s second bond issue under its fourth programme for MDL 124.84 million with a three-year floating rate, approved Restaurant Nistru’s MDL 15.6 million capital increase, cancelled Angrocultcom’s securities after liquidation, and authorised up to 5 percent price cuts for unsold share packages at three fiduciary companies.