Financial Oversight - Stiri si informatii despre Financial Oversight | prima pagina Ultima actualizare: 14:46:03, 11.05.2024
Romania is a fantastic investment opportunity (tax official)
Romania is a fantastic investment opportunity on a market with a well-trained workforce, with an abundant portfolio of natural resources and an excellent geopolitical positioning in terms of economic corridors…
Capping RCA tariffs extended through June 30
Prime Minister Marcel Ciolacu announced on Thursday that the government was extending by another three months, throughout June 30, capping RCA motor third-party liability (MTPL) insurance policy tariffs. "We are…
Petrescu (ASF):Retail is the growth area with the best potential for Bucharest Stock Exchange
Retail is the growth area with the best potential for the Bucharest Stock Exchange (BVB), said on Friday Chairman of the Financial Oversight Authority (ASF) Alexandru Petrescu at the initial float of Fidelis bonds…
10:50, 18.01.2024
RCA third party liability policy to be set at reference rate for over-16t vehicles (employers' assn)
The management of the Financial Oversight Authority (ASF), officials of haulage employers' associations and trade unions on Wednesday evening agreed that the RCA thrid party liability policy insurance for vehicles…
08:55, 18.01.2024
FinMin Bolos: Cutting insurance premiums means limiting coverage of insurers' costs
Cutting insurance premiums means limiting the possibility of covering insurers' costs, which would affect the system in the long term, Finance Minister Marce Bolos said on Wednesday evening."Here are the calculations…
13:11, 09.06.2023
Court orders opening of Euroins Romania bankruptcy proceedings
Court orders opening of Euroins Romania bankruptcy proceedings. The Bucharest Tribunal has affirmed the merits of a request made by the Financial Oversight Authority (ASF) ordering the opening of the bankruptcy…
17:40, 03.04.2023
About 23,000 Romanians draw private pensions in 2022 totalling RON 407 million
During 2022, net personal asset payments amounting to approximately RON 407 million were made to 23,000 contributors or beneficiaries, according to a report on developments in Romania's private pension plans in…
20:26, 20.03.2023
Eurohold CEO: We are convinced Euroins licence was withdrawn without grounds, we are suing ASF
The Euroins business licence was withdrawn without just cause and that is why it is natural to sue the Financial Oversight Authority (ASF) for the investment we made and for the losses sustained, Eurohold CEO Assen…
18:00, 20.03.2023
Financial Authority official Marcu: Policy rates will not increase after Euroin bankruptcy
The rates for the RCA motor civil liability insurance policies will not increase after the bankruptcy of Euroins, because measures are already being taken so that the rates charged by insurers are frozen at their…
16:25, 20.03.2023
Financial Authority official Marcu: City and Euroins owned almost 80% of the RCA market
The City and Euroins companies owned almost 80% of the RCA auto civil liability insurance market, Chairman of the Financial Oversight Authority (ASF) Nicu Marcu noting that in no other country two companies own…
15:00, 20.03.2023
Financial Authority official Marcu: Collaboration with Euroins was extremely difficult
Collaborating with Euroins was extremely difficult, because they would not provide documents, they would not provide information, which is why checks were arranged almost monthly, some being unexpected and others…
16:45, 08.03.2023
PSD's Ciolacu: ASF and the gov't will make the best decision on RCA policies
National chairman of the Social Democratic Party (PSD) Marcel Ciolacu said on Wednesday that the Financial Oversight Authority (ASF) and the government "will make the best decision" regarding RCA third-party car…
16:11, 07.10.2022
Capital market strategy could earn gov't additional revenues of 2.7 bl lei in 2022
The Ministry of Finance (MF) has developed, in partnership with the Financial Oversight Authority (ASF), a national strategy for the development of the capital market in Romania in 2022-2026, which could earn the…
15:55, 08.08.2022
Competition on Romania's motor third-party liability market rises as quotes drop (ASF)
After H1 2022, Romania's market for the RCA motor third-party liability insurance confirms having managed to overcome the effects of the City Insurance SA, a former leading RCA insurer, having left the market,…
16:15, 28.05.2021
Non-banking financial markets need consolidation, from macroprudential perspective
The composite indicator of systemic stress (CISS) remains, at the beginning of the first quarter of 2021, at a low level, both in Romania, as well as in the European Union, indicating a stable investment climate,…
12:55, 27.11.2020
Former pension exec wins lawsuit against pension overseer in nationalisation row
Former CEO of NN Pensii pension company Raluca Tintoiu on Friday won a lawsuit brought before the Supreme Court of Justice for the annulment of a fine issued to her by the Financial Oversight Authority (ASF) in…
13:10, 03.08.2020
FinClub financial education programme for high school students opens for registrations
10th to 12th graders who want to participate in the FinClub financial education programme run by several financial institutions can sign up starting today on the website of the Financial Oversight Authority (ASF),…
08:42, 17.06.2020
Nominations for leadership of ASF, Court of Accounts and CNCD, discussed in PNL's BPN meeting (sources)
The National Liberal Party (PNL) have discussed, on Tuesday evening, in the meeting of the National Political Bureau (BPN) about the nominations for the leadership of the Financial Oversight Authority (ASF), the…
10:44, 22.07.2019
Mandatory private pension funds report June 2019 assets of over 55.15 billion lei, up 26.12pct
Romania's mandatory private pension funds had assets of over 55.15 billion lei on 30 June 2019, up 26.12 percent against the level recorded in the similar month of last year, according to data with the Financial…
18:14, 19.06.2019
Market for motor third party liability insurance advances 4.65pct in Q1 2019
The total value of RCA motor third party liability insurance premiums underwritten in the first three months of 2019 neared 970 million lei (over 200 million euro), up 4.65pct from Q1 2018, according to a press…
12:37, 03.06.2019
Mandatory private pension funds' assets worth 52.26 bln in April, up 21.42pct
Mandatory private pension funds in Romania had assets worth over 52.26 billion lei on 30 April 2019, up 21.42 percent from the same level of the previous year, according to the Financial Oversight Authority (ASF)…
14:32, 01.05.2019
Mandatory privately-owned pension plans' assets exceed 51 billion lei in March 2019, up 20.12 pct
Mandatory privately-owned pension plans in Romania had assets worth over 51 billion lei as of March 31, 2019, up 20.12 percent from the previous year, according to data with the Financial Oversight Authority (ASF). …