Moldova's Liberals Quit Ruling Coalition After Mayor Arrest

Moldova's Liberals Quit Ruling Coalition After Mayor Arrest

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The Liberal Party withdrew its three ministers, a deputy premier and politically-appointed managers of government agencies from the three-party coalition that was formed after the November 2014 parliamentary election.

regulators can send financial firms when a deadline for compliance has no chance of being met. ESMA also said it wants powers to suspend financial rules in the EU on a temporary basis, similar to the "no action" letters U.

He is in favor of the former Soviet republic's reunification with neighboring Romania, something the government doesn't support. The 38-year-old mayor is also deputy chairman of the Liberals and has been mayor since 2007.

The anti-corruption center said the company won contracts because of "concerted actions" from city hall officials. Chirtoaca suspended the contract with the company this month and the company has not commented.

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On Tuesday it went further, calling for powers to directly supervise credit rating agencies as well as clearing houses, trade repositories and major market indices or benchmarks that are active in the EU but based outside the bloc - again making Britain a focus as London-based firms are major players.

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LONDON, May 30 (Reuters) - The European Union's securities watchdog wants new powers over clearing houses, credit rating agencies and some financial benchmarks that operate in the EU but are based outside the bloc, as Brexit ushers in fundamental changes to markets.

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