The Financial Oversight Authority (ASF) has launched an online instrument that facilitates the process of authorization on the non-banking financial market which is part of the institution's strategy to digitize its activity, announced, on Thursday, the ASF.The new section of the Authorization heading, hosted on the Authority's website, makes available to those interested a list with all the necessary documents in the process of authorization on all three markets, as well as the normative acts that govern the process."As I promised since taking over my mandate, we bring new, digital solutions to come to the support of citizens, as well as companies. ASF must be an institution that works in the interest of the consumer, and this new online instrument represents one of the projects done in this sense," said the head of the Financial Oversight Authority, Nicu Marcu.The head of the ASF mentioned that, in the coming period, the new online section for the authorization process will have new value, becoming an interactive portal, where it will be possible to upload documents and use electronic signatures."ASF is transforming into a flexible, modern, digital institution. The interactions between us and stakeholders must be just a click away," said Nicu Marcu.The Financial Oversight Authority was established in 2013 through Emergency Ordinance 93/2012, approved by Law 113/2013, to regulate and oversee the insurance market, the private pensions market, as well as the capital market. ASF contributes to the consolidation of the integrated framework for functioning of the three sectors, which total over 10 million participants.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
