Constantin Șchendra, Deputy Governor of the National Bank of Moldova (NBM), participated in the 2025 edition of the Insurance Conference of the Republic of Moldova on November 18, co-organized by BNAA (National Motor Insurers Bureau of Moldova) and XPRIMM.

According to rupor.md, speaking at the panel discussion "Opportunities and Challenges in Aligning Insurance Legislation with European Standards", Constantin Șchendra emphasized importance of adopting laws on insurance activities and MTPL policies. As the Deputy Governor explained, these changes make the foundation for a reliable and sustainable insurance sector.

Constantin Șchendra placed particular emphasis on digitalization, noting that digital processes have become standard practice in the insurance industry today, and the NBM actively supports technological transformation. "Online processing of Green Card certificates has expanded in record time. Thanks to the NBM's modern tools and integration with the RCA Data portal, the processing time has been reduced to just two minutes. This not only facilitates work of insurance companies but also makes services more convenient for consumers", he said.

The Deputy Governor also noted that the NBM's efforts are aimed at implementing the European Solvency II regulatory package and MTPL full liberalization.