The Financial Supervisory Authority (ASF) and the National Bank of Moldova (BNM) signed on Friday a cooperation agreement for setting in place the necessary framework for the exchange of information and technical assistance regarding insurance licensing/authorization, regulation and oversight, with a view to protecting consumer rights and interests."Since I took office, I have paid particular attention to developing relations with the National Bank of Moldova by initiating or speeding up joint initiatives. With the Republic of Moldova actively engaged in the EU accession process, we intend to remain an aggregator of support provided to the BNM. We have maintained a constructive dialogue on the interconnection of our capital markets and have been actively involved in the Twinning project, providing assistance in the process of modernizing insurance legislation. Recently, we have also signed a financial education cooperation protocol as a basis for expanding our co-work for the professional training of experts and increasing the financial inclusion rate in the Republic of Moldova. This new insurance cooperation protocol marks a natural step in deepening the relations between our institutions and reflects the joint commitment to developing a solid and transparent financial framework, in line with the best international practices," ASF president Alexandru Petrescu said, as cited in a release.The cooperation protocol aims to promote the integrity, stability and efficient functioning of the financial sector and of the insurance market in particular, in the two jurisdictions, and will open new perspectives for cooperation as the Republic of Moldova's is getting its legislative and supervisory framework in line with EU norms and standards.The two authorities also expressed their intention to cooperate on experience exchanges and professional training activities, with the goal of contributing to the consolidation and development of the regulatory and supervisory framework in the insurance sector.The Financial Supervisory Authority is Romania's national authority responsible for the regulation and supervision of the insurance market, private pensions and the capital market, set up in 2013 by OUG 93/2012 approved by Law 113/2013.
Writer Liliana Corobca, author of prose, essays, and plays, will represent Romania at the seventh edition of the European Literature Night, which will take place on Thursday, October 23, at the Ukrainian Institute of America in New York. According to a press release from ICR New York, the event, which brings together some of the […]
Almost one-third of global greenhouse gas emissions come from agri-food systems Auchan Romania brought together over 100 food producers and suppliers for the second edition of the Climate Supplier Event, a conference dedicated to accelerating decarbonization and strengthening resilience and competitiveness within the food supply chain in the face of climate change. Organized under the […]
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, recorded total sales and pre-sales of EUR 137.7 million in the first nine months of 2025, corresponding to 42,634 sqm of residential and commercial spaces. These results reflect the sale and pre-sale of 467 apartments and commercial...
YOXO announces the launch of reconditionate.yoxo.ro, an online store dedicated to refurbished phones and gadgets, developed in partnership with Recommerce®, a European expert in the field. The new platform provides customers across Romania with access to certified, refurbished phones that meet European quality standards. YOXO thus combines accessibility, performance and environmental responsibility –...
Save the Children Romania inaugurated the Antibullying Resource Center on Wednesday, October 22, meant to be a hub of resources dedicated to children, teachers, and parents to understand, prevent, and respond appropriately to bullying situations and to improve the school climate. The need for the center is dire. Around 90% of teachers and school counselors […]
Award-winning director Radu Jude’s latest film, Dracula, will premiere in Romanian cinemas on October 31, distributed by Independența Film. Following its world premiere at the Locarno Film Festival and screenings at major international festivals including New York, Chicago, Vienna, Sitges, and Warsaw, the film arrives in Romania just in time for Halloween. Early screenings will […]
