Decisions adopted by the Board of the Financial Supervisory Authority

Bucharest, 5 July 2023 - At 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

Regulation on the establishment of thresholds for the application of Article 3 of Regulation (EU) 858/2022 on a pilot scheme 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 Guidance on standard forms, formats and templates for application for approval to operate a DLT-based market infrastructure (the Regulation will be sent for publication to the Official Journal of Romania);

Draft Instruction to amend Annex No. 1 to the Financial Supervision Authority Instruction No. 2/2016 on the preparation and submission of half-yearly accounting reports by entities authorised, regulated and supervised by the Financial Supervision Authority - Financial Instruments and Investments Sector, as well as by the Investor Compensation Fund (the draft will be published on www.asfromania.ro for public consultation for 10 days).

B) Authorisation

Approval of the request of the Investment Management Company Patria Asset Management S.A. to authorize the change in the organization and functioning of the company as a result of the change in the composition of the management by appointing Mr. Alexandru Ioan as director of the company;

Approval of the request of the Association of Fund Managers to change the composition of the management;

Approval of the request of Advisory Consulting Tax SRL to be removed from the list of external IT auditors maintained by the Financial Supervisory Authority;

Approval of the EU prospectus for the increase of the share capital of IOR S.A. Bucharest;

Approval of the simplified prospectus for the increase of the share capital of Vrancart S.A. Adjud.

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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 ASF 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.