Decisions adopted by the Financial Supervisory Authority Board - 09.04.2019

Bucharest, 9^th of April 2019 – At today's meeting, the Board of Financial Supervisory Authority (ASF) approved measures on the operating framework of supervised non-bank financial markets - insurance, capital market and private pensions, including:

A) Regulation

The draft Norm for amending point 18 of the Annex to the Norm of the Financial Supervisory Authority no. 7/2019 on the conclusion of the financial year 2018 for insurance entities (the project will be published on www.asfromania.ro for public consultation for 10 days).

B) Supervision

Penalty of insurance and / or reinsurance brokers that did not comply with the legal provisions regarding the transmission of periodical reports to the Financial Supervisory Authority;

Withdrawal, upon request, of the operating license of General Insurance Broker S.R.L.;

The results of the periodic verification carried out at NN Asigurări de Viaţă S.A. in his capacity as administrator of F.P.F. NN Activ and F.P.F. NN Optim.

C) Authorization

Appointment of Mrs. Iordan Andreea Luminiţa as Executive Director of Contacs - Broker de Asigurare S.R.L .;

Appointment of Mrs.Laura Ruxandra Chesea as Administrator, for a new mandate, of the society  Idea Broker de Asigurare S.R.L .;

Appointment of Ms. Cucoli Corina-Elena as a member of the Board of Directors of SAI Certinvest S.A .;

The amendment to the Constitutive Act of Grawe România Asigurare S.A., following the increase of the share capital by 7,500,000 lei, from 40,000,000 lei to 47,500,000 lei;

The amendment to the Constitutive Act of the society Dexasig Broker de Asigurare S.R.L.. (censor naming);

Issuance of the Certificate for recording the decrease in the share capital of the society Metav S.A. Bucharest.

C) Various

Report on the evolution of the Romanian capital market in 2018.

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About ASF

ASF is the national authority set up in 2013 through OUG 93/2012 approved by Law 113/2013, for the regulation and supervision of insurance markets, private pensions and the capital market. ASF contributes to strengthening the integrated operating framework of the three sectors, which amounts over 10 million participants. More information can be found at www.asfromania.ro.