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

 

A)  Regulation

Draft Rule for the application of ESMA's Guidelines on common procedure and methodologies on supervisory review and evaluation process of CCPs under Article 21 of EMIR (the draft will be published on www.asfromania.ro for public consultation for 10 days);

Draft Rule for the application of the provisions of the Guidelines on the benchmarking exercises on remuneration practices and the gender pay gap under Directive (EU) 2019/2034 (EBA/GL/2022/07) - the draft will be published on www.asfromania.ro for public consultation for 10 days;

Draft Regulation on setting thresholds for the application of Article 3 of Regulation (EU) 858/2022 on a pilot regime for market infrastructures based on distributed ledger technology and amending Regulations (EU) no. 600/2014 and (EU) no. 909/2014 and Directive 2014/65/EU and on the application of ESMA's Guidelines on standard forms, formats and templates to apply for permission to operate a DLT market infrastructure (the draft will be published on www.asfromania.ro for public consultation for 15 days);

Regulation on the temporary non-application of the levy on income from the distribution of motor third party liability insurance (the regulation will be sent to the Official Journal of Romania for publication);

Rule for the amendment of the Financial Supervisory Authority's Rule no. 34/2020 for the implementation of the Half-yearly Accounting Reporting System applicable to insurance entities (the rule will be sent to the Official Journal of Romania for publication).

 

B)  Authorisation

Authorisation of Mrs. Maria-Luiza Ionescu as the person in charge of the internal control structure of S.A.I. Raiffeisen Asset Management S.A.;

Approval of the prospectus consisting of separate documents, relating to the primary public offering of bonds issued by Bittnet Systems S.A., carried out for admission to trading on the regulated market managed by Bursa de Valori București S.A.;

Approval of the EU prospectus for the increase of the share capital of Metalica S.A. Oradea;

Approval of the amendment of the Articles of Incorporation of Proasig Broker de Asigurare S.R.L., following the extension of the secondary activity object;

Approval of the application for approval of the amendment of the Management Contract for the Voluntary Pension Fund NN Activ, managed by NN Asigurări de Viață S.A.;

Approval of the application for final approval of the amendment to the Prospectus of the voluntary pension scheme for the Voluntary Pension Fund NN Activ, managed by NN Asigurări de Viață S.A.;

Approval of the application for approval of the amendment to the Management Contract for the Voluntary Pension Fund NN Optim, managed by NN Asigurări de Viață S.A.;

Approval of the application for final approval of the amendment to the Prospectus of the voluntary pension scheme for the Voluntary Pension Fund NN Optim, managed by NN Asigurări de Viață 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, 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.