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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, 5 October 2022 – During today's meeting, the Council of the Financial Supervisory Authority (ASF) has adopted some measures on the functioning of the supervised non-bank financial markets - insurance, capital market and private pensions, as follows:

 

A)  Regulation

Regulation amending the Regulation of the Financial Supervisory Authority no. 28/2020 on the training, education and professional development on the capital market (the Regulation will be sent for publication to the Official Gazette of Romania);

Instruction for the implementation of the provisions of Article 97 of Law no. 236/2022 on the prudential supervision of financial investment services companies, as well as for the amendment and supplementation of certain regulatory acts and of Art. 57 of Regulation (EU) 2019/2033 of the European Parliament and of the Council of 27 November 2019 on prudential requirements for investment firms and amending Regulations (EU) no. 1093/2010, (EU) no. 575/2013, (EU) no. 600/2014 and (EU) no. 806/2014 (the instruction will be sent for publication to the Official Gazette of Romania).

 

B)  Authorisation

Application of the exception to the reporting obligation under Article 9 para. (1) of Regulation (EU) no. 648/2012 (EMIR) for OTC derivative contracts concluded intra-group by Siemens Healthcare S.R.L. with Siemens Healthineers AG;

Application of the exception to the reporting obligation under Article 9 para. (1) of Regulation (EU) no. 648/2012 (EMIR) for OTC derivative contracts concluded intra-group by Lactalis Romania S.A., Dorna Lactate S.A. and Albalact S.A. with B.S.A. Finances.

 

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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