OREANDA-NEWS. On February 04, 2007 the National Financial Market Commission adopted Provisions on the order of assessment and approval of business-plans of saving-crediting associations.

The NFMC press-service informs, the document has been developed in accordance with the new edition of the Law on saving-crediting associations of June 21, 2007.

The Provisions establish the order of make-up, criteria of assessment and the procedure of business to some indices of the associations for licensing in "B" category. The NFMC release informs, defining minimum criteria of assessment and approval of the business-plans of saving-crediting associations will allow the Commission transparent and justified decisions in this regard.

The Provisions come into power from the date of their publishing in Monitorul oficial.