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Moldovan official journal roundup for 24 August

12:43 | 23.08.2018 Category: Economic

Chisinau, 23 August /MOLDPRES/- The strategy for the development of the non-banking financial market for 2018-2022 and the action plan for its implementation will be published in the Official Journal of Moldova on 24 August.

The document aims to develop the non-banking financial market for next 5 years and provides for clear policy actions that comprise more than 60 measures, stemming from the commitments made by Moldova through the Association Agreement with the EU.

According to the document, the National Commission of the Financial Market (CNPF) aspires that Moldova will have a more competitive, integrated and consolidated non-banking financial market by 2022.

The first part of the Strategy presents the situation on the non-banking financial market, outlining the progresses and the existing problems, and in the second part - the objectives of the development of the non-banking financial market for 2018 - 2022, as well as the actions due to be implemented.

The actions set in the strategy will be funded from the CNFF budget and technical assistance. The National Commission for the Financial Market will annually provide the parliament with information on the implementation of the strategy.

 

(Reporter N. Sandu, editor A. Răileanu)

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