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    Decisions adopted by the Council of the Financial Supervisory Authority - 31.03.2021

Decisions adopted by the Council of the Financial Supervisory Authority - 31.03.2021

Bucharest, March 31, 2021 - During today's meeting, the Board of the Financial Supervisory Authority (A.S.F.) approved measures on the functioning of supervised non-banking financial markets - insurance, capital market and private pensions, as follows:

A) Regulation

Regulation on amending and supplementing the Regulation of the Financial Supervisory Authority no. 4/2016 on the organization and functioning of the Alternative Dispute Resolution Entity in the non-banking financial field SAL-Fin (the regulation will be sent, for publication, to the Official Gazette of Romania);

Notification of ESMA's intention to apply the provisions of the ESMA Guidelines on disclosure requirements under the Prospectus Regulation (ESMA 32-382-1138);

The norm for the modification of the Norm of the Financial Supervision Authority no. 22/2020 regarding the temporary modification of the maximum limit applicable to the investments of private pension funds in government securities (the norm will be sent, for publication, to the Official Gazette of Romania).

B) Authorization

Appointment of Mrs. Florentina-Alina Huidumac-Petrescu and Mr. Alexandru Voicu as directors of SAI Certinvest S.A .;

Appointment of Mr. Stavrositu Iancu Adrian, as well as of Ms. Bălănescu Marioara and Ms. Ghiță Mariana Petronela as members of the Board of Directors of SSIF Interfinbrok Corporation S.A. as a result of the renewal of the mandates granted to them;

Approval of Mr. Kiril Ivanov Boshov in the position of Chairman of the Board of Directors at Euroins Romania Asigurare Reasigurare S.A .;

Approval of Mrs. Nicoleta Radu for a new term in the position of General Manager at the company Poolulul Insurance Against Natural Disasters S.A. (PAID);

Approval of the proposals for modification and completion of the Central Depository Code approved in the meeting of the Board of Directors of the Central Depository dated 10.11.2020;

Authorization to amend the Investment Policy Statement for the Metropolitan Life Privately Managed Pension Fund administered by Metropolitan Life Privately Administered Pension Fund Management Company S.A .;

Approval of the modification of the Prospectus of the private pension scheme for the Metropolitan Life Privately Managed Pension Fund managed by Metropolitan Life Privately Administered Pension Fund Management Company S.A.

 

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About the Financial Supervisory Authority

The Financial Supervisory Authority is the national authority, established in 2013 by GEO 93/2012 approved by Law 113/2013, for the regulation and supervision of the insurance markets, private pensions, as well as the capital market. A.S.F. contributes to strengthening the integrated functioning framework of the three sectors, amounting to over 10 million participants. More information can be found on www.asfromania.ro.