This is provided for by a corresponding bill that was drafted by the National Bank of Moldova (NBM) and is being promoted by the Ministry of Finance as part of Moldova's efforts to fulfill its obligations regarding EU accession. It aims to strengthen the independence of the National Bank and bring national legislation into line with European Union requirements. The proposed amendments are to be incorporated into the laws on the National Bank, on bank deposit guarantees, and on banking activities. The need for reform stems from the commitments set forth in Moldova's National Program for EU Accession for 2025–2029, as well as recommendations from the European Commission. As noted, in the context of the European Council granting Moldova EU candidate status in 2022, aligning national legislation with EU legislation is a priority. In this regard, pursuant to Article 131 of the Treaty on the Functioning of the European Union (TFEU), each Member State must ensure that its national legislation, including the statute of its central bank, complies with the TFEU and the Statute of the European Central Bank (ECB). Legislation on economic and monetary policy contains specific rules requiring central bank independence, prohibiting direct financing of the public sector by the central bank, and prohibiting privileged access by the public sector to financial institutions. In this context, the 2025 Report on Moldova notes that, with regard to monetary policy, additional measures are needed to strengthen the functional, institutional, personnel, and financial independence of the National Bank of Moldova, particularly with regard to institutional independence, to prevent interference by Parliament, the government, and any other third parties. At the same time, adjustments to the regulatory framework are needed to strengthen the prohibition on the central bank's financing of the public sector. Moldova's accession to the EU also requires the legislative enshrinement of the NBM's powers related to its participation in the activities of the European System of Central Banks. The draft law provides for expanding guarantees of the National Bank's independence in decision-making, clarifying its relations with government authorities and the Accounts Chamber, and strengthening the prohibition on financing the public sector using central bank resources. These changes are in line with European Union legislation governing the activities of national central banks and the European System of Central Banks. In addition, the bill establishes the National Bank's powers related to its future participation in the European System of Central Banks following Moldova's accession to the EU. It is also proposed to establish by law the requirement to consult with the European Central Bank when drafting certain regulatory acts affecting monetary policy. The document also contains a number of amendments aimed at improving the National Bank's internal governance. In particular, the requirements regarding the incompatibility of paid activities for members of governing bodies are clarified, additional grounds are introduced for suspending the employment of staff in the event of participation in election campaigns, and regulates certain aspects of the management of state property under the NBM's jurisdiction. The draft law was submitted to the European Commission for an opinion. Most of the provisions will take effect upon the law's adoption, while those related to cooperation with EU institutions will take effect on the date of Moldova's accession to the European Union. // 07.08.2026 — InfoMarket.