The chair of the Authority for Financial Supervision Misu Negritoiu was chosen for a two and a half year mandate as a member of the Board of the European Authority for Insurances and Occupational Pensions (EIOPA) according to a press release of ASF. The institution says that the decision was taken during the reunion in Frankfurt of 2 December 2015 of the Council of EIOPA supervisors (Board of Supervisors) the decision-taking forum of the Authority. Romania is represented for the first time at this level in the European authority for regulation, as well as ESMA (The European Authority for Markets and Securities) and EIOPA. ‘I am convinced that we could contribute significantly to the improvement of the European regulation framework, especially through the exercises which we developed for the first time on the regulated markets of Romania’ Misu Negritoiu said. The EIOPA board is made up of the chairman of the Authority and six members ( representatives of the supervision authorities in Belgium, France, Germany, Italy, Romania and Slovakia) out of the 28 members of the Council of Supervisors EIOPA. The Board of EIOPA proposes, for adoption, to the council of supervisors the annual and multi-annual working programme of EIOPA and approves and sends to the council of supervisors for adoption the estimate for income and expenditure for the following financial year. The European Authority for Insurance and Occupational Pensions is part of the European System for Financial Supervision and is an independent body with consultative role of the European Parliament, the council of the European Union and the European Commission. The main objectives of EIOPA are the promotion of the stability of the financial system, of the transparency of markets and financial products, as well as the protection of the owners of insurance policies, of the members of pensions schemes and their beneficiaries.
The second stage of the international Grand Chess Tour, one of the most important chess tournaments in the world, will take place in Bucharest from May 7 to May 16. The first stage of will take place in Warsaw, Poland. However, the event’s opening will take place on May 6. In addition to these two, […]
Voxxed Days Bucharest 2025 concluded the 2025 edition on 27th March, after two days of successful workshops and conferences. "I'm grateful we managed to bring together 300 developers and tech team leaders again this year, in a conference dedicated to a passionate developer community. It was a significantly bigger effort than in previous years, given […]
Romania’s civil shelters, which are to be used to protect people in the event of armed conflict, are few, unsanitary, and largely obsolete in terms of equipment, according to a report by the Court of Accounts. The audit conducted by the Court of Accounts on the situation of civil...
The organizers of music festivals Untold and Neversea have signed an agreement with the Bucharest City Hall to organize a "mega-festival" in the capital this year. The large-scale project is set for a pilot edition this year, with plans to have it "grow year by year." It will take place at Arena Naţională. The talks […]
Around 61% of Romanians say they have been the target of online fraud attempts, the most common consequences being the infection of the device with malware or viruses (42%) and the loss of money (30%), according to the latest study conducted by Reveal Marketing Research. Of those who have been targeted, 39% have experienced such […]
Showpad, active in AI-driven revenue enablement technology, announced the official launch of its Research and Development center in Bucharest. With headquarters in Ghent (Belgium) and Chicago (US), Showpad is "strategically positioning its new R&D center to tap into the rich talent pool and burgeoning technology ecosystem of Romania." It also underscores Showpad's dedication to accelerating […]
