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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, 22 September 2021 – During today’s meeting, the Financial Supervisory Authority’s Board (A.S.F.) has adopted some measures with regard to the operation of non-banking supervised financial markets – insurance, capital market and private pensions, as follows:

 

A) Regulation

Regulation amending and supplementing the A.S.F. Regulation no. 7/2020 on the authorization and operation of alternative investment funds (the regulation will be sent for publication to the Official Gazette of Romania);

Draft Regulation amending and supplementing the Regulation of the Financial Supervisory Authority no. 6/2017 on the National Protection Fund (the project will be published on www.asfromania.ro, for public consultation, for 10 days);

ESMA's notification of the A.S.F. intention to implement the provisions of the ESMA Guidelines on marketing communications under the Regulation on cross-border distribution of funds (ESMA 34-45-1272 EN);

ESMA Notification of the intent to apply the ESMA Guidelines on the Enforcement of Financial Information (ESMA 32-50-218).

 

B) Authorization

Approval of the appointment Mr. Josef Kreiterling for a new mandate as a member – Chairman of the Supervisory Board of Ergo Asigurări de Viață S.A.;

Approval of the appointment of Mrs. Eleonora Geamănu as director and Mr. Mehmet Ertan Özay as director and Chairman of the Board of Directors of Willis Towers Watson Romania - Insurance Broker - Reinsurance S.R.L., as well as the amendments to the company's Articles of Incorporation;

Approval of the authorization of Mrs. Andreea-Marina Pipernea in the position of General Manager of NN Pensii Societate de Administrare a unui Fond de Pensii Administrat Privat S.A.;

Approval of the application of the market operator Bursa de Valori București S.A. (Bucharest Stock Exchange) for the registration of 3 (three) insignificant new benchmarks;

Approval of S.A.I. Patria Asset Management S.A. for the authorization of the amendments in the documents of the following managed UCITS: the Open-End Investment Fund Patria Global, the Open-End Investment Fund Patria Stock, the Open-End Investment Fund Patria Obligațiuni and the Open-End Investment Fund Euro Obligazioni.

 

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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. 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.