ORDER OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF MOLDOVA

of February 2, 2022 No. 17

About approval of Regulations about procedure and conditions of admission to trading in the controlled market or within Multilateral trade system of long-term government securities

According to part (2) Art. 18 of the Law No. 419/2006 on debt of the public sector, state guarantees and state recrediting (pereopubikovan: The official monitor of the Republic of Moldova, 2014, Art. No. 397-399, 704) and parts (2) Art. 68 of the Law No. 171/2012 on the capital market (The official monitor of the Republic of Moldova, 2012, 665) I ORDER to Art. No. 193-197,:

1. Approve Regulations about procedure and conditions of admission to trading in the controlled market or within Multilateral trade system of long-term government securities it (is applied).

2. These regulations become effective from the date of publication in the Official monitor of the Republic of Moldova.

Approved by the Order of the Minister of Finance of the Republic of Moldova of February 2, 2021, No. 17

Regulations about procedure and conditions of admission to trading in the controlled market or within Multilateral trade system of long-term government securities

1. These Regulations establish conditions of admission to trading in the controlled market or within Multilateral trade system (further - MTS) the long-term government securities issued by the Ministry of Finance (further - GTsB).

2. Are admitted to trading in the regulated market / MTS of GTsB, issued in the domestic market in the form of records on the account which are freely transferred and completely paid.

3. GTsB are admitted to trading at the initiative of the Ministry of Finance.

4. In the presence in the domestic market of the single operator of the controlled market and MTS of GTsB are admitted to trading only in the controlled market.

5. For admission to trading of GTsB the Ministry of Finance as the issuer submits to the operator of the regulated market / MTS the application for admission to trading according to appendix.

6. The Ministry of Finance submits the application to the operator of the regulated market / MTS within 2 working days after date of issue (carrying out calculations) of GTsB. For GTsB which are earlier issued and being in circulation, the Ministry of Finance has the right to submit the consolidated application.

7. The Ministry of Finance appoints at least two workers for communication with the operator of the regulated market / MTS.

8. The operator of the regulated market / MTS has no right to establish own rules additional requirements for admission to trading of GTsB in the regulated market / MTS.

9. In the course of admission to trading in the regulated market / MTS of GTsB are exempted from any charges and commission charges of the operator of the market.

10. The operator of the regulated market / MTS provides admission to trading within 2 working days from the date of submission of the statement by the Ministry of Finance.

11. The operator of the regulated market / MTS without delay informs the workers appointed by the Ministry of Finance for communication and the National commission on the financial market on admission to trading of GTsB in the regulated market / MTS and publishes the relevant information on the official web page.

12. The operator of the regulated market / MTS publishes on the official web page, at least, in the state and English languages, the GTsB list admitted to trading, open line items and statistics of transactions with data GTsB, and also other relevant information and analyses.

13. The operator of the regulated market / MTS provides unrestricted access for general public to information specified in Item 12.

14. GTsB can be admitted to trading in one or several regulated markets / MTS if the corresponding markets are connected with Single Central Securities Depository. The procedure of admission to trading of GTsB, according to these Regulations, extends to each operator of the controlled market / MTS separately.

15. The operator of the regulated market / MTS represents monthly within 10 days from the last date of the corresponding month to the Ministry of Finance the report on GTsB admitted to trading in the regulated market / MTS. At the request of the Ministry of Finance the operator of the regulated market / MTS provides the additional information about GTsB admitted to trading in the regulated market / MTS.

16. The operator of the regulated market / MTS bears responsibility according to the Law No. 171/2012 on the capital market for non-compliance with requirements of these Regulations.

Appendix

to Regulations about procedure and conditions of admission to trading in the controlled market or within Multilateral trade system of long-term government securities

See Appendix

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