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Press Release regarding the decision of ASF to amend the Regulation no.16/2014 on the ASF's Income.



Bucharest, June 5, 2019 - The Board of the Financial Supervisory Authority (ASF) decided in today's meeting to amend and complete the Regulation no. 16/2014 on the ASF's Income.

The amendments generally aim to align the tax and commission policy to the new legal provisions in the field of financial markets. 

The main change concerns the decrease of the share charged by the ASF from the amount of the gross contributions collected by the administrators of private pension funds (Pillar II) referred to in letter c) of point 1 in Annex no. 2 of the Regulation, from 0,3% to 0,25%.

Regulation no. 16/2014 shall be published on the ASF's website (www.asfromania.ro), in public consultation, for a period of 10 days.



About ASF

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