This NBU Resolution No. 69 dated June 24, 2026, is aimed at improving the regulation of financial service providers’ activities and strengthening the supervision of their operations. The document introduces comprehensive amendments to the authorization procedures, capital requirements, reporting, and internal control of financial companies, pawnshops, and payment service providers. The primary goal is the adaptation of regulatory standards to current market requirements and the ensuring of transparency in financial transactions.
**Structure and Main Provisions:**
The Resolution consists of 11 items that introduce amendments to two key NBU regulations: those concerning the authorization of payment service providers and the authorization of financial service providers in general. The key changes relate to:
* **Strengthening Supervision:** The NBU is granted additional tools for monitoring compliance by financial companies with established restrictions, particularly through the analysis of documents upon written request.
* **Requirements for Pawnshops:** New obligations have been established for pawnshops engaged in currency trading, specifically the requirement to develop and submit a three-year business plan.
* **Corporate Governance:** Requirements for key personnel and internal audit have been clarified, and the list of persons influencing management has been expanded.
* **Capital and Investments:** Procedures for verifying the sources of funds during authorized capital increases (even for small amounts up to 1%) have been detailed, and requirements for subordinated debt have been established.
**Important Provisions for Practical Application:**
1. **Issuance Prohibition:** Payment service providers are expressly prohibited from issuing debt securities if certain risk criteria are met.
2. **Simplification and Clarification of Procedures:** Certain exceptions to the requirements for submitting specific documents have been provided for pawnshops that simultaneously obtain licenses for operations and currency transactions.
3. **Reporting:** The list of indicators used by the NBU to assess the actual business activities of pawnshops and financial companies (including those related to currency trading) has been updated.
4. **Significant Participation:** Clear timeframes have been established for the NBU’s review of documents regarding the approval of the acquisition or increase of significant participation, which is important for planning corporate changes.
