The First Deputy Governor of the National Bank of Moldova (NBM), Mr. Petru Rotaru participated in the conference "Enlargement Report 2025: Progress and Future Priorities of the Republic of Moldova," an event that provided a framework for open dialogue between representatives of the government, international partners, the academic community, the business environment, and civil society to analyze the results achieved in the European integration process and the next steps, in line with the recommendations made by the European Commission.

During the panel "The Internal Market, Cluster 2," which focused on the free movement of capital and financial services, key chapters in the EU accession negotiations, coordinated by the central bank, Mr. Petru Rotaru highlighted the alignment of the national legislative framework in the field of financial services with the European acquis, achievements that enabled the Republic of Moldova to join SEPA (Single Euro Payments Area).

In this context, the First Deputy Governor of the NBM mentioned the harmonization of national legislation with European standards in the field of payment services and anti-money laundering, including the implementation of remote identification, a procedure known as eKYC (Electronic Know Your Customer).

In his address, Mr. Petru Rotaru also referred to the insurance sector, where measures have been implemented to improve governance. "We are making sure that we no longer have those dangerous precedents related to the inability of insurance companies to pay, the delay of payments or insurance claims. Our analyses show a positive trend in the ratio between premiums collected and claims paid, which means an increase in the quality of services in the insurance market. We will continue to work to ensure that this sector aligns effectively with EU requirements," said the NBM official.

The First Deputy Governor also mentioned the central bank's commitment to regulating crypto-assets. By June 2027, the NBM will promote and implement a regulatory framework for virtual asset service providers in accordance with European legislation.

Within the process of accession to the European Union, the National Bank of Moldova plays a key role in implementing reforms related to financial services, free movement of capital, and monetary policy.

Details about the NBM’s role in the European integration process of the Republic of Moldova: https://www.bnm.md/en/content/european-integration-0 .