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.
Druid AI today announced it has secured USD 31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The investment was led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures. Kim has more […]
Drivers in Bucharest lose, on average, 12 working days annually due to congestion, according to Traffic Index 2025, an analysis carried out by the Institute for Visionary Cities. The index compares how much circulation slows down on working days compared to a free-flow regime, for the 41 county seat municipalities and Bucharest. According to the analysis, […]
Romania’s Senate and Chamber of Deputies held a moment of silence on Monday, September 15, for American conservative activist Charlie Kirk, who was shot dead at a university event on September 10. The marking of Kirk’s death came at the initiative of the far-right party Alliance for the Union of Romanians, or AUR. Both Kirk […]
A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]
The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]
The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...
