Amend the legislation on non-bank credit organizations to: (i) prohibit NBCOs from accepting deposits or other repayable funds from the public,
(ii) oblige reporting new credit activity to the credit bureaus, (iii) introduce limits on total cost of consumer credits, (iv) introduce an effective,
proportionate, and dissuasive sanctioning regime, and (v) increase capital to MDL 1 million from January 1, 2021 (MEFP ¶12, first bullet).
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