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Decisions adopted by the Financial Supervisory Authority’s Board - 09.05.2018


Bucharest, May 9th, 2018 – During today’s meeting, the Financial Supervisory Authority’s Board (ASF) has approved some measures with regard to the operating framework of non-banking financial markets supervised – insurance, capital market and private pensions, among which:

 

A)          Regulation

The regulation on issuers of financial instruments and market operations (the normative act will be submitted for publication to the Official Gazette of Romania);

The rule draft for the application of the ESMA Guidelines on the process for the calculation of the indicators to determine the most relevant currencies in which settlement takes place, the ESMA Guidelines on the process to determine the substantial importance of a CSD for a host Member State and ESMA Guidelines on cooperation between authorities under Articles 17 and 23 of the Regulation (EU) No. 909/2014 (the draft will be published on www.asfromania.ro, for public consultation, for 15 days).

 

B)          Authorization – Licensing

The proportionate prospectus for the issue of new shares by the company Transcom S.A. București.

 

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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.