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Decisions adopted by the Council of the Financial Supervisory Authority - 17.06.2020

Bucharest, June 17th, 2020 – During the meeting held today, the Council of the Financial Supervisory Authority (Ro. ASF) has approved measures regarding the operational framework of the supervised non-banking financial markets - insurance, capital market and private pensions, among which:

A)  Regulation

The Draft Regulation for amending and supplementing the Regulation of the Financial Supervisory Authority no. 11/2016 on the periodic and unexpected control activity carried out by the Financial Supervisory Authority (the project will be published on www.asfromania.ro, for public consultation, for 10 days).

B)  Authorization

Appointment of Mr. Konstantas Stavros for a new mandate in the capacity of member of the Board of Administration and the position of Chairman of the Board of Administration at the company Garanta Asigurări SA;

Appointment of Mrs. Băbău Gabriela Ecaterina in the capacity of Director of SSIF Interfinbrok Corporation SA;

Appointment of Mr. Mihai Coca Cozma in the capacity of member of the Board of Administration of Metropolitan Life Management Company of a Privately Administered Pensions Fund S.A.;

Appointment of Mr. Pavol Dorcák in the capacity of member of the Board of Administration of Metropolitan Life Management Company of a Privately Administered Pensions Fund S.A.;

Augmentation of the share capital of Certinvest Pensions Management Company of the Facultative Pensions Fund SA by the amount of 1,500,000 RON, from the value of 7,230,766 RON to the value of 8,730,766 RON, as well as authorization of the amendment of the Articles of Incorporation of the company;

Amendment of the Prospectus of the voluntary pension scheme for the Aegon Essential Pension Fund administered by Aegon Pensions - Private Pension Fund Management Company SA.

 

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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.