“The official application for authorization of the Central Counterparty has been submitted to the ASF (Financial Supervisory Authority i.e.) and contains more than 150 documents accompanied by English translations. We are following the steps that are required by the regulations and finally this application will be assessed at ESMA peer level. We set the fourth quarter of this year as the target for the CCP to become operational,” Adrian Tanase said.
The Romanian stock market started the year with a series of significant increases in the BET index, which includes the 20 most traded companies, and the BET-TR index, which includes the dividends offered by these companies. The companies listed on the Bucharest Stock Exchange and included in these indices ended the first month of 2023 with a 4% increase.
(English version by Loredana Fratila-Cristescu)