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LAW OF THE REPUBLIC OF MOLDOVA

of June 11, 2020 No. 97

About modification of some regulations

The Parliament adopts this organic law.

This law shifts part (1) Articles 2, Items (a), (b), (d), (g) and (w) of part (1) Articles 3, part (1) Articles 4, of part (1) and (4) Articles 6, of part (1), (2) and (5) Articles 7, of part (1), (3) and (5) Articles 8, Article 9, part (6) Articles 10, of part (1) and (3) Articles 14, part (4) Articles 15, of part (1), (2) and (3) Articles 16, part (1) and paragraph two of part (2) Articles 19, part (1) Articles 20, part (1) articles 22a, article 23, of part (1) and (4) articles 23b, article 36, Items 1-15 and Item 17 of appendix II of Regulations (EU) No. 1060/2009 of the European Parliament and Council of the September 16, 2009 about credit rating agencies published in the Official magazine of the European Union by L 302 of November 17, 2009 with the last changes, brought by Regulations (EU) 2017/2402 European Parliament and Council of December 12, 2017 about establishment of general framework of safety and creation of special base for the simple, transparent and standardized safety, and about modification of Directives 2009/65/CE, 2009/138/CE and 2011/61/EC, and also of Regulations (SE) No. 1060/2009 and (EU) No. 648/2012.

Art. I. - In the Law on the National commission on the financial market No. 192/1998 (repeated publication: The official monitor of the Republic of Moldova, 2007, No. 117-126 BIS), with subsequent changes to make the following changes:

1. In part (1) articles 4 after words "in the capital market", to add with the words "credit rating agencies".

2. In Article 8:

add Article with Item-1) from the following content:

"with-1) exercises registration and supervision of credit rating agencies according to the Law on the capital market No. 171/2012;";

Item m) after words "insurance and/or reinsurance brokers and actuaries," to add with the words "register of credit rating agencies".

Art. II. - In the Law on the capital market No. 171/2012 (Official monitor of the Republic of Moldova, 2012, Art. No. 193-197, 665), with subsequent changes, to make the following changes:

1. In formula of harmonization of the law:

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