Decisions adopted by the Board of the Financial Supervisory Authority

Bucharest, 24 August 2022 – 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 amending the Financial Supervisory Authority Rule No. 13/2018 on the application of the ESMA Guideline on stress testing scenarios under Article 28 of Regulation (EU) No 1131/2017 on money-market funds (the draft will be published on www.asfromania.ro for public consultation for 10 days);

Draft Rule amending the Financial Supervisory Authority Rule No. 19/2021 on reporting and transparency obligations in the private pension system (the draft will be published on www.asfromania.ro for public consultation for 10 days).

B)  Authorisation

Approval of the appointment of Mrs. Stela Corpacian as a member of the Board of Directors of Transilvania Investments Alliance S.A.;

Approval of the Investor Compensation Fund's request to extend by 2 years the maximum audit period of 5 consecutive years of the Fund by the current financial auditor Mazars Romania S.R.L., namely for the financial statements for the financial years ending on 31.12.2022 and 31.12.2023;

Approval of the share capital increase and authorization to amend the Articles of Incorporation of BRD Societate de Administrare a Fondurilor de Pensii Private S.A.;

Approval of the request of S.A.I. Atlas Asset Management S.A. to withdraw the authorisation of the Alternative Investment Fund Atlas AgriFund with private capital and to remove it from the public register of ASF as such;

Approval of the request of S.A.I. Atlas Asset Management S.A. to withdraw the authorisation of the Alternative Investment Fund Atlas AgriFund with private capital and to remove it from the public register of ASF as such;

Approval of the amendments to the Articles of Incorporation of OVB Allfinanz Romania Broker de Asigurare S.R.L. (addition of the object of activity, duration of the term of office of the directors and update of the identification data of the directors).

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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.