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RULE no. 12/ 2017 amending and supplementing the Rule of the Financial Supervisory Authority no. 26/2014 regarding the transfer of participants between privately managed pension funds


Article I
Rule no. 26/2014 of the Financial Supervisory Authority regarding the transfer of participants between privately managed pension funds, published in the Official Gazette of Romania, Part I, no. 942 of December 23, 2014, as amended, is amended and completed as follows:
1. In Article 2 par. (2) shall be amended to read as follows:
"2. For the purposes of this Rule, the following terms shall be defined as follows:
a) notification - the document by which the participant notifies the manager of the privately managed pension fund the participant of which he is, about his transfer to another privately managed pension fund;
b) biometric signature - a handwritten signature used on a specialized computer support that records temporal data such as speed and the acceleration, the pressure with which is signed on the specialized computer support, the graphic data of the biometric signature, the angle and the angle difference used when signing" .....



Download HERE full text of Rule No. 12/ 2017.