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Decisions adopted by the Financial Supervisory Authority Board - 24.10.2018

 

Bucharest, October 24th, 2018 - During today's meeting, the Financial Supervisory Authority (ASF) approved some measures regarding the functioning framework of the supervised non-bank financial markets - insurance, capital market and private pensions, including:

    A) Regulation

The draft Regulation on the implementation of certain provisions of Regulation (EU) no. 1286/2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs). (The Regulation shall be submitted for publication to the Official Journal of Romania).

    B) Authorization

Appointment of Mr. Sergiu-Cristian Manea for a new mandate as member of the Supervisory Board at BCR Life Insurance Company Vienna Insurance Group S.A.;

Appointment of Ms Delia Arsenie as Chairman of the Board of Directors for a new term of office at Onix Asigurari S.A.;

Appointment of Mr. Ciucioi Ionel Marian as Administrator of SIF Banat - Crişana S.A .;

The proportionate Prospectus for the increase of the share capital of IFMA S.A. Bucharest;

Issuance of the Stock Certificate issued by Prodlacta S.A. Brasov in order to increase their share capital.

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About ASF

ASF is the national authority established 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 totalls over 10 million participants. More information can be found on  www.asfromania.ro.