Decisions adopted by the Board of the Financial Supervisory Authority

Bucharest, 25 August 2021 – During today’s meeting, the Financial Supervisory Authority’s Board (A.S.F.) has adopted some measures with regard to the operation of non-banking supervised financial markets – insurance, capital market and private pensions, as follows:

A)   Regulation

The draft regulation amending and supplementing the A.S.F. Rule no. 4/2018 on the management of operational risks generated by information systems used by authorized/licensed/registered entities, regulated and/or supervised by the Financial Supervisory Authority (the rule will be sent for publication to the Official Gazette of Romania);

The draft rule amending the Rule of the Financial Supervisory Authority no. 13/2018 for the application of the ESMA Guide on crisis simulation scenarios under art. 28 of Regulation (U.E.) no. 1131/2017 on Money-market funds (the draft will be published on www.asfromania.ro for public consultation for 10 days);

The rule on the governance and security of the information technology systems and communications used by the insurance and reinsurance companies (the rule will be sent for publication to the Official Gazette of Romania).

B)  Authorization

Approval of Mr. Andrei-Răzvan Micu for a new mandate as CEO of Compania de Asigurări-Reasigurări Exim România (CARE-România) S.A.;

Approval of Mr. Adrian-Răzvan Florescu for a new mandate as Deputy CEO of Compania de Asigurări-Reasigurări Exim România (CARE-România) S.A.;

Approval of the application of the investment management company Sira S.A. to authorize the changes in the documents of the open-end investment fund Omninvest managed by the company, in order to align them with the provisions of Regulation (EU) no. 2088/2019 on information on sustainability in the financial services sector, as well as a result of the amendment of the deposit fee;

Approval of the application of BT Asset Management SAI S.A. to authorize the changes in the documents of the open-end investment funds: BT Clasic, BT Maxim, BT Obligațiuni, BT Index Romania – ROTX, BT Index Austria - ATX, BT Euro Clasic, BT Euro Obligațiuni, BT Fix, BT Euro Fix, BT Dolar Fix, BT Energy, BT Technology, BT Agro and BT Real Estate;

Approval of the EU growth prospectus prepared for the increase of the share capital of Avioane Craiova S.A. Dolj;

Approval of the EU growth prospectus prepared for the increase of the share capital of Star Residence Invest S.A. Bucharest and the issuance of the Certificate of registration of preferential rights for trading on the Multilateral Trading System managed by BVB;

Approval of the amendment to the Articles of Incorporation of the company Fly Insurance - Broker de Asigurare Reasigurare S.R.L. regarding the supplementation of the activity object;

Approval of the amendment to the Articles of Incorporation of the company R.C.G. Broker de Asigurare S.R.L. (censor appointment);

Approval of the amendment to the Articles of Incorporation of the company Loyalty Insurance Broker S.R.L. (change of name);

Authorization of the amendment to the Statement on the investment policy of the Privately Managed Pension Fund Aripi, managed by Generali Societate de Administrare a Fondurilor de Pensii Private S.A.;

Authorization of the amendment to the Statement on the investment policy of the Voluntary Pension Fund Stabil, managed by Generali Societate de Administrare a Fondurilor de Pensii Private S.A.;

Final approval of the amendment to the Prospectus of the voluntary pension scheme for the Voluntary Pension Fund AZT Moderato, managed by Allianz-Țiriac Pensii Private Societate de Administrare a Fondurilor de Pensii Private S.A.;

Final approval of the amendment to the Prospectus of the voluntary pension scheme for the Voluntary Pension Fund AZT Vivace, managed by Allianz-Țiriac Pensii Private Societate de Administrare a Fondurilor de Pensii Private S.A.;

Final approval of the amendment to the Prospectus of the voluntary pension scheme for the Voluntary Pension Fund NN Optim, managed by NN Asigurări de Viață S.A.;

Final approval of the amendment to the Prospectus of the voluntary pension scheme for the Voluntary Pension NN Activ, managed by NN Asigurări de Viață S.A.

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About the Financial Supervisory Authority

The Financial Supervisory Authority is the national authority, established in 2013 by GEO 93/2012 approved by Law 113/2013, for the regulation and supervision of the insurance markets, private pensions, as well as the capital market. The FSA contributes to strengthening the integrated functioning framework of the three sectors, amounting to over 10 million participants. More information can be found on www.asfromania.ro.