Moldova's Ministry of Finance announced that the government approved a draft law on Aug. 12, 2026, establishing a unified framework for central securities depositories. The legislation will govern their authorization, supervision, permitted services and operations, as well as the settlement of financial instrument transactions. The framework sets measures for settlement failures and penalties for delays, while improving rules for cross-border links between central securities depositories to facilitate investor and issuer access to foreign markets. Prepared by the National Commission for Financial Markets and the National Bank of Moldova, the draft is intended to reduce settlement risk, strengthen investor protection and support the national financial market's integration with Europe.

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