Since January 1, in Moldova, cash payments between enterprises are allowed only within the limits of 100 thousand lei per month
At the same time, the size of one transaction between economic entities cannot exceed 10 thousand lei. The corresponding changes in the legislation came into force on January 1, 2021. To enterprises, institutions and organizations, regardless of their type of ownership and legal form, making payments for their financial obligations in cash, including through a cash payment terminal (cash-in terminal), in an amount exceeding the monthly limit of 100 thousand lei, sanctions will be applied.
The NCFM suspended the activities of 5 non-bank credit organizations
The Administrative Council of the National Commission on the Financial Market suspended for three years the activities of non-bank credit institutions Credit Market, Microcapital, E-Cash and Rosst-X on the basis of decisions of the general meetings of shareholders of these organizations, as well as non-bank credit organization Realty Capital - in accordance with the decision of the only associated person of this non-bank credit organization.
The government has approved a new Law on Ambient Air Quality
The document provides for a new concept for the creation of the National System for Integrated Monitoring and Air Quality Management throughout Moldova and introduces new principles for air quality management.
Moldova still needs external support to reform the "Railway of Moldova" State Enterprise (CFM)
According to the Ministry of Economy and Infrastructure, the head of the department, Anatolie Usatii, discussed at a working meeting with the World Bank team and representatives of the CFM the reorganization of the enterprise and the problems the sector is currently facing.
27.11.2020
GRATA International assisted European Bank for Reconstruction and Development in preparation of the EBRD Transition Report on the legal and regulatory framework of state-owned companies across the EBRD regions.
05.05.2020
We would like to share the wonderful news that associate office Popa&Associates had changed its status and became a fully integrated office of GRATA International.
Legal Digest, March 2020
Contents:
Kazakhstan
Kyrgyzstan
Moldova
Mongolia
Russia
Uzbekistan
Kazakhstan
Kyrgyzstan
Moldova
Mongolia
Russia
Uzbekistan
Legal Newsletter, July 2019
Contents:
Kazakhstan
Moldova
Mongolia
Russia
Turkey
Uzbekistan
Kazakhstan
Moldova
Mongolia
Russia
Turkey
Uzbekistan
Newsletter, May 2019
Contents:
Belarus
Kazakhstan
Kyrgyzstan
Moldova
Belarus
Kazakhstan
Kyrgyzstan
Moldova
22.05.2019
For the third year in a row, Popa & Associates Law Firm, an associate office of GRATA International in Moldova, is offering a scholarship for one student that is enrolled in a Law Program. The law firm has elaborated a regulation, and the best students who study Law in Moldova are encouraged to apply for the contest.