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    Decisions adopted by the Board of the Financial Supervisory Authority

Decisions adopted by the Board of the Financial Supervisory Authority

Bucharest, 8 March 2023 – During today's meeting, the Council of the Financial Supervisory Authority adopted measures on the functioning of the supervised non-bank financial markets - insurance, capital market and private pensions, as follows:


A)  Regulation

Rule amending and supplementing Rule no. 26/2021 on the activity carried out on the territory of Romania by insurers from third countries through branches (the rule will be sent for publication to the Official Journal of Romania);

Draft Rule for the amendment and supplementation of the Financial Supervisory Authority’s Rule no. 22/2020 on the temporary amendment of the maximum limit applicable to investments of private pension funds in government securities (the draft will be published on www.asfromania.ro for public consultation for 10 days).


B)  Authorisation

Approval of Mr. Marian Ionel Bacheș as General Manager of Garanta Asigurări S.A.;

Approval of amendments to the Articles of Incorporation of Idea Broker de Asigurare S.R.L. (new mandate of director and amendment of some articles).



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, private pension and capital markets. The FSA contributes to strengthening the integrated framework for the functioning of the three sectors, which together account for more than 10 million participants. More information can be found at www.asfromania.ro.