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The decisions adopted by the Financial Supervisory Authority's Board - 19.03.2019

 

Bucharest, March 19th, 2019 – At today's meeting, the Financial Supervisory Authority's (ASF) Board has approved measures on the operating framework of supervised non-banking financial markets - insurance, capital market and private pensions, including:

A) Regulation

The Regulation amending and supplementing the Regulation no. 4/2016 on the Organization and Functioning of the Alternative Dispute Resolution Entity in the Non-Banking Financial Sector (SAL-Fin), with subsequent amendments and supplements (The Regulation will be submitted for publication to the Official Gazette of Romania).

B) Monitoring

The results of the unexpected control of the company Karussell Insurance – Broker de Asigurare S.R.L.

C) Authorization

The appointment of Mr. Stefan Kutz on the position of Chairman of the Supervisory Board of Signal Iduna Asigurare Reasigurare S.A.,  for a new term;

The issuance of Certificates for the registration of structured products issued by SSIF BRK Financial Group S.A.;

The issuance of Certificates for the registration of structured products issued by Erste Group Bank S.A.;

The withdrawal from trading of shares issued by Auto Center S.A. Bucharest, having regard to the completion of the procedure for the withdrawal of shareholders in accordance with art. 42 of the Law no. 24/2017;

The amendment to the Management Contract for the Optional Pension Fund AZT Vivace administered by Allianz-Țiriac Pensii Private Societate de Administrare a Fondurilor de Pensii Private S.A.;

The amendment to the Management Contract for the Optional Pension Fund AZT Moderato administered by Allianz-Țiriac Pensii Private Societate de Administrare a Fondurilor de Pensii Private S.A.;

The prior notification of the amendment to the Prospectus of the Optional Pension Scheme for the Optional Pension Fund AZT Vivace administered by Allianz-Țiriac Pensii Private Societate de Administrare a Fondurilor de Pensii Private S.A.;

The prior notification of the amendment to the Prospectus of the Optional Pension Scheme for the Optional Pension Fund AZT Moderato administered by Allianz-Țiriac Pensii Private Societate de Administrare a Fondurilor de Pensii Private S.A.;

The amendment to the Individual Act of Accession to the Optional Pension Fund Raiffeisen Acumulare administered by SAI Raiffeisen Asset Management S.A.

 

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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.