The National Bank of Moldova has published its supervisory priorities for 2026–2027 for the non-bank lending sector, covering non-bank credit organisations and savings and loan associations. The programme sets out a risk-based focus on compliance with the regulatory framework, strengthened risk management, improved supervisory data, and tighter anti-money laundering and counter-terrorist financing (AML/CFT) controls. Supervision will prioritise checks on regulatory compliance and assessment of key risk areas, including business model, financial prudence and responsible lending, governance and internal control, credit risk, liquidity risk for savings and loan associations, operational and market risk, and funding sources and capital adequacy. Credit risk reviews will emphasise responsible lending requirements, underwriting and monitoring processes, alignment of lending growth with risk appetite, and recoveries, particularly for unsecured loans. Data quality will be addressed through closer monitoring of accuracy in periodic reports and adherence to reporting deadlines to support effective analysis at both individual and consolidated levels and improve sector transparency. AML/CFT work will concentrate on firms’ internal risk management frameworks, KYC and customer acceptance policies, consistent application of due diligence including enhanced measures for higher-risk customers, compliance with remote customer identification (eKYC) requirements, ongoing transaction monitoring and suspicious transaction reporting, staff training, and annual internal AML/CFT audits, alongside more intensive supervisory dialogue to remediate identified deficiencies. The National Bank of Moldova noted that the 2026–2027 priorities may be adjusted depending on how the sector’s risk profile evolves.

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