Moldova will have to transpose into legislation a number of more EU norms related to the insurance, banking and capital market sectors, the Finance Ministry said
The Finance Ministry reported this, noting that this was said during a meeting that the State Secretary of the Finance Ministry, Cristina Ixari, along with the staff of the Ministry and representatives of the National Bank of Moldova, the National Financial Market Commission, held with representatives of insurance companies, banking environment and non-banking investment companies and banks from Moldova, in the context of activities related to Moldova's European integration process and compliance with the EU provisions of Chapter 9 “Financial Services”. During the meeting, Cristina Ixari spoke about the results of the bilateral screening on Chapter 9, which took place on February 3-4, as well as about the next steps to be taken in Moldova's EU accession process. The officials also discussed the measures to be taken at the national level to continue the process of transposing and implementing the EU normative norms in the national legislation on issues related to the guaranteeing of bank deposits, the activity of insurance or reinsurance companies, the activity of investment companies and services related to the capital market. Similarly, the State Secretary of the Ministry of Finance called on the representatives of the financial sector to actively participate in the legislative process, expressing their openness to a constructive dialog. Representatives of businesses in the financial services sector welcomed the initiative and expressed their views and visions on the progress of transposing the EU legislation provisions related to the insurance, banking and capital market sectors into national legislation. //16.04.2025 - InfoMarket.
