CSSPP said in a press release Friday that the measure is necessary as the volume of assets managed by private pension fund administrators has increased.
The draft normative act caps the investment pension fund administrators may make in the new asset classes.
CSSPP also wants to implement new norms on trading private pension fund assets and set a new way of determining the risk rating of private pension funds, considering the types of assets in their portfolio and asset quality.
The draft act is up for public debate until October 17.
End-August, the assets of mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) stood at 6.07 billion lei (about EUR1.42 billion), up 2.07% compared to July 31. (EUR1=RON4.2710)