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    Decisions adopted by the Financial Supervisory Authority Board -15.05.2019

Decisions adopted by the Financial Supervisory Authority Board -15.05.2019

Bucharest, May 15, 2019 - During today's meeting, the Board of the Financial Supervision Authority (FSA) approved measures on the framework for the functioning of supervised non-banking financial markets - insurance, capital market and private pensions, including:

A) Regulation

Draft ESMA Guideline on the management of conflicts of interest of CCPs and ESMA Guideline on EMIR anti-procurement margin measures for CCPs, and draft ESMA Guideline on internal settlement settlement reporting under Article 9 of the Regulation on central securities deposits (CSDR). (The projects will be published on www.asfromania.ro, for public consultation, for 15 days).

B) Surveillance

The results of the periodic control performed at the Insured Guarantee Fund (FGA);

The results of the periodic control performed at Certinvest Pensii S.A.F.P.F. TO. as administrator of the F.P.F. My Pension.

C) Authorization

Appointment of Mr. Harald Riener for a new term as a member and Vice President of the Supervisory Board of Asigurarea Românească - Asirom Vienna Insurance Group S.A .;

Amendment of the Articles of Association of Raiffeisen Insurance Broker - Reinsurance S.R.L. (appointment of financial auditor);

Modification of the Articles of Association of the company BRD Asigurări de Viață S.A. (change of registered office);

Amendment of the Articles of Association of Asigent Broker de Asigurare S.R.L .;

Issuance of Certificates of registration of structured products issued by Erste Group Bank AG;

Withdrawal from trading on the alternative trading system administered by BVB and deletion from the ASF records of shares issued by Vulcan S.A. Bucharest as a result of bankruptcy;

Modification of the Regulations for the Organization and Operation of the Raiffeisen Asset Management SAA;

Modification of the Investment Policy Statement for the Metropolitan Life Privately Administered Pension Fund administered by Metropolitan Life Privately Administered Pension Fund Management Company S.A.


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About ASF

ASF 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. ASF contributes to the consolidation of the integrated functioning framework of the three sectors, which totals over 10 million participants. More information can be found on www.asfromania.ro