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.
Interior minister Cătălin Predoiu made an official visit to Saudi Arabia on Monday, October 20, to meet Saudi counterpart Prince Abdulaziz bin Saud bin Nayef Al Saud. The visit, a first for a Romanian interior minister, is “an important step for cooperation in the fields of security, innovation, and artificial intelligence,” according to Predoiu. “Honored […]
Health minister Alexandru Rogobete unveiled the EUR 100 million digital platform designed to modernize Romania’s national health system and eliminate bureaucratic inefficiencies. The project is financed through the EU-backed National Recovery and Resilience Plan (PNRR). According to the minister, the new Health Insurance Information Platform (PIAS) will integrate patient records, prescriptions, referrals, and medical leave […]
The Prosecutor’s Office attached to the Bucharest Court of Appeal, which is handling the case regarding the deadly explosion in the apartment block in the Rahova neighborhood of Bucharest, announced on Monday, October 20, that there is no evidence of the use of explosive material. Gas leaks may have caused the powerful blast, but no definitive […]
Authorities in Romania closed road traffic on the famous Transfăgărășan and Transalpina mountain roads due to bad weather conditions and possible hazards caused by heavy snowfalls, blizzards, frequent avalanches, and massive rock or stone falls. Specifically, traffic has been closed on DN7C (Transfăgărășan), on the section between Piscu Negru (km 104+000) and Bâlea Cascadă (km […]
Romania will again switch to winter time this weekend, in the night from Saturday to Sunday, October 25-26. Thus, at 4:00 am, clocks will be turned back one hour to 3:00 am, marking the return to Eastern European Time (EET) and making Sunday the longest day of the year, lasting 25 hours. The time change […]
Fredel is redefining how families in Romania and across Europe access elite education and lifestyle learning. Founded by Martyn Birchall, an education expert, Fredel works with like-minded families who believe in investing early in the future of their children. At its heart, Fredel is not just an educational consultancy — it...
