The National Bank of Moldova has initiated work on a draft law on improving securities settlement and on central securities depositories, setting out a new legal framework for post-trade infrastructure. The proposed law would replace Moldova’s existing Law No. 234/2016 on the single central securities depository and would fully transpose Regulation (EU) No 909/2014 on improving securities settlement in the European Union and on central securities depositories. The stated aim is to align with international standards for post-trade infrastructures and to strengthen the safety and efficiency of settlement of financial instruments. Recommendations and proposals on the draft can be submitted until 21 July 2025.
2025-06-30National Bank of Moldova
National Bank of Moldova begins drafting law to improve securities settlement and align central securities depositories with EU rules
The National Bank of Moldova is drafting a new law to enhance securities settlement and central securities depositories, replacing Law No. 234/2016. This initiative aims to fully transpose Regulation (EU) No 909/2014, aligning Moldova's post-trade infrastructure with international standards to improve safety and efficiency.