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    Decisions Adopted by the Board of the Financial Supervisory Authority

Decisions Adopted by the Board of the Financial Supervisory Authority

Bucharest, 22 December 2021 – During today's meeting, the Board of the Financial Supervisory Authority (A.S.F.) adopted measures on the operation of the supervised non-bank financial markets - insurance, capital market and private pensions, as follows:

  A)  Regulation

Regulation amending and supplementing A.S.F. Regulation no. 1/2019 on the assessment and approval of members of the management structure and persons holding key positions in entities regulated by the Financial Supervisory Authority (the Regulation will be submitted for publication to the Official Gazette of Romania).

 

  B)  Authorisation

Approval of the request of S.A.I. Star Asset Management S.A. to authorize Mrs. Georgeta Dănilă and Mr. Claudiu Petrescu and Mr. Nicolae Alexandru Dănilă as members of the Board of Directors of the company, following their appointment for a new mandate;

Approval of the appointment of Mr. Movileanu Costel-Bogdan as General Manager of the Investor Compensation Fund;

Approval of Allianz-Tiriac Asigurări S.A. as significant direct shareholder of Gothaer Asigurări Reasigurări S.A. and approval of Mr. Virgil - Vasile Șoncutean as non-executive member and Chairman, as well as of Mrs. Adriana - Mihaela Matache and Mr. Aurel Badea as non-executive members of the Board of Directors of Gothaer Asigurări Reasigurări 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.