ASF
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Negritoiu: Insurance Supervisory Authority Aims To Bring Local Market To European Standards
Romania’s Financial Supervisory Authority (ASF) set off a massive reconstruction process of the insurance market in order to lay the basis for sustainable growth and bring the local insuranc...
ASF To Announce Results Of Insurers Overview Program Next Week
Financial Supervisory Authority (ASF) will announce next week the results of the first stage of the insurers overview program, which included 13 companies with an overall market share of ove...
Financial Regulator ASF Posted 14% Higher Revenue, Expenses Widened 12% In 2014
Financial Supervisory Authority (ASF), supervising and regulating insurances, the capital market and private pensions, posted revenue of 165.9 million lei from its basic activity in 2014, th...
Financial Regulator Rejects SAI Certinvest's Acquisition Of Insurer Axa
Romania's financial regulator ASF has rejected SAI Certinvest's move to take over the local life insurance operations of France's Axa, citing unfulfilled reputation, integrity and financial...
Several Investment Funds Looking Into Insurer Astra
The financial watchdog ASF has approved the plan for a second capital raise for insurer Astra and, if achieved, it will be the saving signal for the company, ASF vice-president Mircea Ursach...
BRD To Launch Dollar Investment Fund
Romanian local financial regulator ASF authorized BRD Asset Management, the third fund manager by size with RON2.6 billion assets under management, to launch open-end investment fund BRD USD...
ASF: Romania’s Insurance Market Up 7.4% To RON1.97B In January-March
Romania’s life and non-life (general) insurance underwritten premiums reached RON1.97 billion (EUR450 million) in January-March, up 7.39% from RON1.84 billion in the same period a year earli...
PwC Romania To Assess Financial Regulator Jobs And Salaries
PwC Romania will assess executive jobs within financial regulation authority ASF and establish a salary system for these positions.
ASF Approves Franklin Templeton Contract As Manager Of Fondul Proprietatea
Romania’s Financial Supervisory Authority (ASF) has approved the contract of Franklin Templeton as manager of investment fund Fondul Proprietatea (FP.RO).