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Decisions adopted by the Board of Financial Supervisory Authority - 20.06.2018

 

Bucharest, the 20th of June 2018 - At today's meeting, the Board of Financial Supervisory Authority (ASF) approved measures regarding the functioning framework of supervised non-bank financial markets - insurance, capital market and private pensions, including:

 

A) Supervision

The removal of the authorization to operate as an insurance broker of the company Stellar Re Europa Broker Insurance and Reinsurance Broker S.R.L.

 

B) Authorization

The appointment of Mrs Judit Agnes Havasi for a new term of office as a member and Chairman of the Supervisory Board at BCR Life Insurance Company Vienna Insurance Group S.A .;

The appointment of Mr. Werner Matula for a new term of office as a member of the Supervisory Board of the company Omniasig Vienna Insurance Group S.A .;

The appointment of Mr. Cezar-Flavian Patriche as a member of the Board of Directors of Exim Insurance and Reinsurance Company Romania (CARE - Romania) S.A .;

The appointment of Mr. Marian - Ionel Baches for a new term of office in the position of Deputy General Manager at the company Garanta Insurances SA;

The appointment of Mr. Vlad-Alexandru Deliu as investment director at NN Life Insurances S.A .;

Settlement of the notification of intention of the company Onix Insurances S.A. to place insurance activities on the basis of the freedom to provide services in the territory of the United Kingdom of Great Britain and Northern Ireland;

Equivalence of insurance class names for which Romanian Insurance - Asirom Vienna Insurance Group S.A. has been authorized;

Registration of the company SAI Safi S.A. as an AFIA and its inclusion in the Public Register of FSA;

Issuance of the Securities Registration Certificate for structured products issued by SSIF BRK Financial Group S.A .;

Issuance of the Securities Registration Certificate regarding the registration of the decrease in the share capital of Electroconstructia Elco Alba Iulia SA;

The amendment to the Prospectus of the Private Pension Scheme for the Private Vital Administered Pension Fund administered by Aegon Pensions-Private Pension Funds Management Company S.A .;

The amendment to the Prospectus of the Optional Pension Scheme for Aegon Essential Optional Pensions Fund, administered by Aegon Pensions - Private Pension Funds Management Company S.A .;

The amendment to the Contract for Providing Custody Services for the assets of the Private Administered Pensions Fund of BRD, managed by BRD Private Pensions Fund Management Company S.A .;

The amendment to the Contract for Provision of Custody Services for the assets of the Optional Pensions Fund BRD Medio, managed by BRD Private Pensions Fund Management Company S.A .;

The amendment to the Organization and Operation Regulation of Metropolitan Life Management Company of a Private Administered Pensions Fund S.A.

 

C) Miscellaneous

Approval and signing of the Cooperation Protocol between the Financial Supervisory Authority (ASF) and the National Commission of the Financial Market of the Republic of Moldova (NCFM).

 

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About ASF

ASF is the national authority set up in 2013 through GEO 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 sums up over 10 million participants. More information can be found at www.asfromania.ro.