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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 February 2022 –During today's meeting, the board of the Financial Supervisory Authority (A.S.F.) has adopted measures on the operation of the supervised non-bank financial markets - insurance, capital market and private pensions, as follows:

 

A)  Regulation

Approval of the intention to apply the provisions of ESMA's Guidance on the methodology, supervisory function and record keeping under the Benchmarks Regulation;

Notification to ESMA of the intention to apply the provisions of ESMA's Guidance on reporting of settlement fails under Article 7 of the CSDR (ESMA 70-156-4717);

Rule amending the Financial Supervisory Authority Rule no. 19/2021 on reporting and transparency obligations in the private pension system (the rule will be sent for publication to the Official Gazette of Romania);

Rule supplementing the Financial Supervision Authority Rule no. 17/2015 on the contribution rates due by insurers to the Insurers' Guarantee Fund (the rule will be sent for publication to the Official Gazette of Romania).

 

B)  Authorization

Approval of amendments to the Articles of Incorporation of D&CA Insurance Broker S.R.L. (appointment of executive director, directors);

Approval of the withdrawal of the shares issued by Atlas S.A. Galați from trading and their delisting from the A.S.F. records in view of the bankruptcy filing;

Approval of the withdrawal from trading and delisting from the A.S.F. register of the shares issued by Parc S.A. Caracal, in view of the completion of the procedure provided for in Article 115 of A.S.F. Regulation no. 5/2018, as subsequently amended and supplemented;

Approval of the request for approval of the amendment to the Regulation on the Organisation and Operation of NN Pensii Societate de Administrare a unui Fond de Pensii Administrat Privat S.A.;

Approval of the request for prior approval of the amendment to the Prospectus of the voluntary pension scheme for the Voluntary Pension Fund Raiffeisen Acumulare, managed by S.A.I. Raiffeisen Asset Management S.A.;

Approval of the request for approval of the amendment of the Individual Membership Act of the Private Pension Fund AZT Viitorul Tău, managed by Allianz-Țiriac Pensii Private Societate de Administrare a Fondurilor de Pensii Private S.A.;

Approval of the application for the authorisation to amend the Individual Membership Act of the Voluntary Pension Fund AZT Vivace, managed by Allianz-Țiriac Pensii Private Societate de Administrare a Fondurilor de Pensii Private S.A.;

Approval of the application for the authorisation to amend the Individual Membership Act of the Voluntary Pension Fund AZT Moderato, managed by Allianz-Țiriac Pensii Private Societate de Administrare a Fondurilor de Pensii Private 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 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.