ACI Partners: Legal Flash No. 19

ACI Partners: Legal Flash No. 19

• 18.12.2015

This Legal Flash brings you the latest news on adoption of the use of IBAN codes for payment to the state budget, registration of the mediation offices, and a number of Regulations on the financial market.

Official Gazette no 324-329 of 04 December 2015

According to the Order No 180, starting from 1 January 2016, national transfers to the national public budget shall be made with the use of IBAN codes. IBAN codes will be generated by the Ministry of Finance. In case of necessity, the Ministry of Finance will update the register of IBAN codes. The Ministry of Finance will transfer the Registry of IBAN codes to the National Bank of Moldova, commercial banks and other payment services providers, the Tax Authority, Customs Service, National Office of Social Insurance and National Company of Health Insurance. These authorities will transfer the Registry of IBAN codes to subordinate authorities to be used in their activity. Payers / taxpayers may access the IBAN codes at the website of the Ministry of Finance: www.mf.gov.md.

Regulation on the registration of mediation offices and organizations sets forth the terms and procedures for registration of the registered office of a mediation office or a mediation organization, the procedures for amending their recorded data, as well as way of deleting of the mediation office or organization from the State Register of Mediators. The Regulation establishes rules and procedures regarding the creation, management and use of regulated markets and multilateral systems of trading. The Regulation also sets the obligations of the members of regulated markets and multilateral systems of trading. The Regulation covers market operators, system operators and members of a regulated market or multilateral systems of trading.

Read the full information in English or Romanian.

ACI Partners

ACI Partners is a dynamically growing Moldovan law firm with an expanding network of partners throughout Europe. ACI Partners was established by separation of the legal business from Ernst & Young Moldova and as such it draws from the latter|s long-acknowledged ability to offer competent advice. ACI Partners’ business strategy is to deliver a solid and reliable service, which the clients may turn to whenever they need. To reach this goal, ACI Partners employs a personalized approach to each client, showing a genuine respect for their values and unqualified commitment to their interests and needs, steadily investing in knowledge and data management and ensuring a working environment consistent with their clients’ quality demands and high expectations.