financial supervisory authority

Approximately one quarter of the cars in traffic have no valid compulsory motor insurance policies (RCA), because the car owners have concluded the policy for a very short period of time and then they forgot to extend it, the Competition…

The number of transactions on the Bucharest Stock exchange (BVB) increased by 9.93% in H1 2017 against the similar period last year, up to 548,708, whereas the overall value of the transactions increased by 37.17% to RON 6.697 billion, a…

Private mandatory pension funds had assets worth about RON 37.197 billion on July 31, 2017, up by 3.09% against June 30, 2017, the Financial Supervisory Authority (ASF) informs. The state securities hold the largest share in the assets,…

The Board of the Financial Supervisory Authority (ASF) has decided at the meeting on Wednesday to abolish the application of 1% quota on the operating income for local intermediaries - financial investment services companies and credit…

Ovidiu Wlassopol, former husband of Labour Minister Olguta Vasilescu, is supported by the Social-Democratic Party (PSD) for the position of first Vice-president of the Financial Supervision Authority (ASF), parliamentary sources have told…

Private compulsory pension funds had assets of about RON 34.75 billion on April 30, 2017, up by 32.15% against April 30, 2016, according to the Financial Supervisory Authority (ASF) information released on Monday. The state securities…

The Financial Supervisory Authority (ASF) has announced on Wednesday the reference rates for the compulsory insurance policies (RCA), in line with the provisions of emergency ordinance no. 54/2016 and the norm on their calculation…

The joint parliament plenum of the Senate and the Chamber of Deputies voted by 238 votes in favour and no vote against for Mişu Negriţoiu’s dismissal from the Financial Supervisory Authority (ASF) helm. The unanimous vote comes after the…

The Financial Supervisory Authority (ASF) Council has decided on Thursday to sanction NN Pensions (Pensii) by RON 750,000 – i.e. 1% of the company’s share capital, considering the circumstances of impairing the participants in the private…

Social Democratic Party (PSD) leader Liviu Dragnea said that ‘the scandal’ generated by the letter issued by NN company is in fact ‘a fake’ started from the President of the Financial Supervisory Authority (ASF) Misu Negritoiu, and the…