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Distinction received by ASF from the Academy of Economic Studies


Bucharest, April 19, 2018 - The Academy of Economic Studies (ASE) in Bucharest conferred upon the Financial Supervisory Authority (ASF) a diploma of excellence in recognition of the collaboration between the two institutions.

ASF and ASE began four years ago with a broad partnership that takes place on several levels. The first joint project targeted the “Tinere Talente” (Young Talents) program, through which young ASE graduates have conducted internships within ASF in the specialized departments of the three sectors - insurance, investment and financial instruments and private pensions. After a period of one year some of them have been employed by the Authority. 

The collaboration between the two institutions also generated the organization of a series of scientific conferences and seminars in which topics of interest to the non-banking financial market were discussed. The events were attended by renowned university professors from the country and abroad.

At the same time, ASF and ASE collaborate within the "Academic Laboratory", the ASF program aimed at developing financial education in the university environment. This project involves interactive discussions between ASF lecturers and students, to which comparative analyzes are presented between the different practical elements and specific technical concepts underpinning non-banking financial markets. Also, within this program, students have completed internships within ASF.

"I am extremely honoured by the distinction that our young institution, which will soon have 5 years of existence, received from one of the most prestigious educational institutions in Romania, celebrating in April 105 years from establishment. I really want to develop the partnership we have with ASE and to open new opportunities for collaboration. The financial market needs high-level experts, and ASE is a source of future valuable specialists," said the ASF Chairman, Mr. Leonardo Badea, who is also the Vice-President of the ASE Alumni Association.

The Academy of Economic Studies celebrates this year 105 years since the establishment of the Academy of High Commercial and Industrial Studies by the Royal Decree of April 6th, 1913.

About ASF

ASF is the national authority, established in 2013 under GEO 93/2012 approved by Law 113/2013, for the regulation and supervision of insurance, private pensions and capital markets. ASF contributes to consolidating the integrated framework of operation of the three sectors, totaling over 10 million participants.

More information can be found on www.asfromania.ro.