People close to the matter said these measures were approved through an emergency ordinance adopted by the Government in its Tuesday meeting.
He added the board will be downsized from 19 to 11 members.
The Financial Supervisory Authority was set up on April 29 through the reorganization of insurance regulator CSA, securities commission CNVM and private pension system regulator CSSPP.
According to Ponta, three former CSA members, namely Dan Constantinescu, Albin Biro and Daniela Popa, have already received net severance pay of EUR230,00 each.
The Finance Ministry said Monday the government would adopt an emergency decree Tuesday taxing by 85% the severance pay of former members of institutions reorganized into the Financial Supervisory Authority.
Ponta said earlier Monday he wanted to levy an 85% tax on the severance pay board members of the three intuitions had decided for themselves.
“It is absolutely unacceptable to receive EUR800,000 (as severance pay, e.n.) after you earned EUR20,000-30,000 per month in a public institution,” Ponta said.
Ponta said recently former CSA president Daniel Tudor made 188,000 lei (EUR40,000) per month, ex CNVM head Carmen Negoita earned RON80,000 per month and CSSPP head Marian Sarbu received monthly pay of EUR14,000.
Tudor is currently ASF vice-president on the insurance segment and Sarbu is ASF non-executive member. (EUR1=RON 4.4008)