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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, 2 June 2021 – During today’s meeting, the Financial Supervisory Authority’s Board (FSA) has approved some measures with regard to the operating framework of non-banking supervised financial markets – insurance, capital market and private pensions, as follows:


A)  Regulation

ESMA notification on the intention of application of the provisions of ESMA Guidelines on outsourcing to cloud service providers (ESMA 50-164-4285).


B)  Supervision

The results of the periodic inspection carried out in S.S.I.F. BT Capital Partners SA;

Withdrawal, upon request, of the operating license of the brokerage company Credo Insurance Broker S.R.L., as well as its deregistration from Section I and the transfer to Section II of the Register of primary intermediaries.


C)  Authorization

Approval of Mrs. Mihaela Stroia in the position of member-President of the Managing Board at the company Uniqa Asigurări de Viață SA;

Authorization to amend the Memorandum of Association of S.I.F. Oltenia SA as a result of the decrease of the company’s share capital;

Approval of the request of S.I.F. Oltenia SA for the authorization as Retail Investors Alternative Investment Fund (FIAIR) of closed, diversified type and its registration in the FSA Register in this capacity;

Approval to amend the Memorandum of Association of Gothaer Asigurări Reasigurări SA as a result of the increase in share capital;

Approval of the request regarding the amendment of the share capital and authorization of the amendment of the Memorandum of Association of Allianz-Țiriac Pensii Private Societate de Administrare a Fondurilor de Pensii Private SA.




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. The FSA 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.


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