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CSSPP

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Romanians Have EUR1.7B In Private Pension Accounts
Banks-Insurance

Romanians Have EUR1.7B In Private Pension Accounts

The nine mandatory private pension funds (Pillar II) were managing 7.5 billion lei (EUR1.7 billion) at the end of April after RON260 million entered the accounts of the 5.6 million contributors, according to the data published by the Private Pension System Sup...

Radu Bostan · 11.05.2012 · 00:00 · 1 min
PDL Turns Former PM Boc's Chief Of Staff Into Supervisor Of EUR30B Market
Social/Politics

PDL Turns Former PM Boc's Chief Of Staff Into Supervisor Of EUR30B Market

Political appointments put inexperienced people in positions that entail regulation and supervision of markets worth tens of billions of euros. This week, Parliament validated new members to...

Radu Bostan · 30.03.2012 · 00:00 · 2 min
Banks-Insurance

Police Officers, Military Staff To Contribute To Mandatory Private Pension Funds

Romanian police officers, military staff and public servants with special status, who work in penitentiary administration, will have to sign up for the mandatory private pension system (Pill...

Ioana Tudor · 29.03.2012 · 17:48 · 1 min
Parliament Approves New Heads Of Capital Market, Private Pension System Regulators
Social/Politics

Parliament Approves New Heads Of Capital Market, Private Pension System Regulators

Romania's Parliament on Tuesday endorsed Carmen Negoita (PDL) as head of the National Securities Commission (CNVM) and Marian Sarbu (UNPR) as head of the Private Pension Supervision Commissi...

Radu Bostan · 27.03.2012 · 19:21 · 1 min
MPs In Hurry To Appoint Heads Of Financial Market Regulators
Social/Politics

MPs In Hurry To Appoint Heads Of Financial Market Regulators

Political parties on Monday in an unexpected move decided to appoint their candidates to the helm of the institutions that supervise the capital market (CNVM) and private pensions (CSSPP), a...

Radu Bostan · 27.03.2012 · 00:00 · 1 min
Parliament Committees Endorse MP Marian Sarbu For CSSPP Head
Social/Politics

Parliament Committees Endorse MP Marian Sarbu For CSSPP Head

The Romanian Parliament’s special committees on Monday unanimously endorsed MP Marian Sarbu for the position of president of private pension regulator CSSPP.

Ioana Tudor · 26.03.2012 · 17:56 · 1 min
Banks-Insurance

Parliament Validates Three Members Of Private Pension Regulator Council

The Romanian Parliament on Thursday validated with 221 to three votes Cristian Toma, Vladimir Soare and Dragos Mihalache as members of the council of private pension system regulator CSSPP.

Ioana Tudor · 15.12.2011 · 15:33 · 1 min
Banks-Insurance

Private Pension Regulator Approves Merger Of Four Voluntary Funds

Romanian private pension regulator CSSPP on Tuesday authorized the final stage of the merger of voluntary pension funds managed by BRD Pensii Private, Generali Pensii Private and Onix Asigur...

Radu Bostan · 29.11.2011 · 15:38 · 1 min
Social/Politics

Private Pension Regulator Council Validated By Vote Of Majority Of MPs In Attendance

The leaders of Romania's private pension system regulator (CSSPP) will be appointed by the vote of the majority of MPs present during their validation, no longer requiring the support of the...

Radu Bostan · 22.11.2011 · 20:43 · 1 min