Moldova

Written warning for deficiencies in internal governance, credit risk management, including monitoring of debtor repayments and classification of consumer loans, and operational risk. Some earlier supervisory measures had not been fully implemented.

Fine for failing to ensure mandatory audits of the 2023 and 2024 financial statements and supervisory audits, for late notice of a change of audit contract and for weak outsourcing controls.

Fine of MDL 958,369.16 on the bank and written warnings to nine individuals. Findings covered governance failures, including procurement and conflict-of-interest management, payment systems, ICT risk and information security, and incomplete implementation of earlier measures. The bank challenged the decision and asked for a partial reduction of the fine.

Fine of MDL 1,442,912 (4.47% of 2025 income) for breaches involving responsible lending, credit bureau reporting, internal rules, transparency, reporting and loan classification.

Two fines of MDL 200,000 each, a warning against repeat violations and remedial measures on enhanced customer due diligence for instalment real-estate sales, internal control rules and sector ML/TF risk assessment. The entity is not named and the decision does not describe the violations.

Licence withdrawn for failure to submit the specialised financial reports required by supervisory regulations.

Fine for breaches of insurance agent licensing conditions, including capital maintenance, staffing, professional liability insurance and specialised financial reporting, and for issuing motor liability and Green Card policies without collecting the full premium.

Fine of MDL 50,000 and a prescription, with a warning against repeat violations and remedial measures on enhanced due diligence on source of funds in real-estate purchases, internal control rules and ML/TF risk assessment. The entity is not named and the violations are not described.

Fine of MDL 200,000 and a prescription, with a warning against repeat violations and remedial measures on enhanced customer due diligence for instalment real-estate sales, internal control rules and sector ML/TF risk assessment. The entity is not named and the violations are not described.

Fine of MDL 100,000 and a prescription, with a warning against repeat violations and remedial measures on enhanced customer due diligence for instalment real-estate sales, internal control rules and sector ML/TF risk assessment. The entity is not named and the violations are not described.

Fine of MDL 50,000 and a prescription, with a warning against repeat violations and remedial measures on enhanced customer due diligence for instalment real-estate sales, internal control rules and sector ML/TF risk assessment. The entity is not named and the violations are not described.

Written warning to the bank and eight individuals for governance failures, including the conduct of key function holders, and weaknesses in credit risk, interest rate risk methods, payment systems and compliance of foreign-exchange transfers. A board member challenged the decision and the Executive Committee rejected the request.

Fine of MDL 40,000 and a prescription, with a warning against repeat violations and remedial measures on enhanced due diligence including source of funds, internal control rules and ML/TF risk assessment. The entity is not named and the violations are not described.

Fine of MDL 40,000 and a prescription, with a warning against repeat violations and remedial measures on enhanced due diligence including source of funds, internal control rules and ML/TF risk assessment. The entity is not named and the violations are not described.

Fine of MDL 7,696,934.85 on the bank, individual fines of MDL 1,004,399.32, 836,767.24 and 836,767.24, and written warnings to others. Findings included governance failures such as approval of board members, credit transfers, ICT risk and information security. The bank and four board members challenged the decision; the requests were rejected and the case went to the Chișinău Court of Appeal.

Fine of MDL 680,827.67 and prescriptions, with a warning to the entity and its management and remedial measures: adopt internal AML/CFT rules, fix internal controls including source-of-funds checks and reporting, document the ML/TF risk assessment and run staff training. The entity is not named and the violations are not described.

Fine of MDL 3,017,230.90 (5.10% of 2025 income) for breaches involving responsible lending, internal rules, funding sources, transparency, reporting, loan classification and credit bureau reporting.

Fine of MDL 544,768.09 on the bank and written warnings to four individuals for governance failures, including how board meetings were organised, and weaknesses in ICT risk management and credit risk management.

Fine of MDL 461,821.76 and prescriptions, with a warning to the entity and its managers and remedial measures on internal AML documents, customer due diligence and reporting rules and a documented ML/TF risk assessment. The entity is not named and the violations are not described.

Fine of MDL 20,000 on an employee of the reporting entity, with a prescription and warnings to the entity, its managers and the employee, and remedial measures on revising internal AML/CFT rules, customer due diligence, transaction reporting and the ML/TF risk assessment. Neither party is named; the fine is on the employee only.

Fine of MDL 3,129,989.68 on the bank and written warnings to three individuals for ICT risk and information security failures, including weak management of an internal solution and no designated information security officer, and for insufficient credit risk assessment.

Fine of MDL 2,015,365.12 for non-compliance with prudential requirements on underwriting risk, governance and internal control. The company and one individual challenged the decision, the Executive Committee rejected the appeals and they went to the Chișinău Court of Appeal.

Licence revoked after the NBM found the company had not complied with an NBM prescription, had not met licensing conditions during the licence's validity and had not provided required information. The NBM page is dated 13 November 2024.