
In Moldova will be regulated procedures for the merger and liquidation of voluntary pension funds
The relevant draft regulation was developed by the National Commission for the Financial Market. The new regulation will ensure transparency of the merger and liquidation procedure of pension funds, it describes the stages of merger and dissolution. The draft will also ensure the protection of the long-term interests of participants and beneficiaries of pension funds by specifying the information requirements and monitoring the impact of the merger on their assets and rights. The draft regulation will be sent for approval to the interested bodies and institutions, and will also be subject to public consultation. Another regulation approved by the commission concerns the procedure for the acquisition of joint-stock companies' own outstanding shares. It regulates the conditions for approval and preliminary stages of such a purchase offer. This regulation has already been agreed upon with the competent institutions, it will enter into force after publication in the Monitorul Oficial. // 09.12.2024 – InfoMarket