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.
Update: Bucharest Mayor Nicusor Dan won the Romanian presidential election on May 18, according to the official vote count. With 98.5% of the ballots counted, Nicusor Dan had 54.17% of the votes, 900,000 more than his opponent, nationalist George Simion. A record turnout both in the country and abroad helped Dan come back from 1.88 million […]
Romanians showed up in record numbers to vote in the second round of the presidential elections, both in the country and abroad. The exit poll results presented on Sunday evening pointed to a strong lead for Bucharest’s pro-EU mayor Nicusor Dan (54%-46%), but are only relevant for the domestic vote. Both candidates claimed victory in […]
Romanians showed up in large numbers to vote in the second round of the country’s presidential elections, one of the most important democratic tests Romania has seen in the last three decades. At 14:00, exactly halfway through the voting process in the country, over 5.63 million Romanians have cast their votes, compared with 4.52 million […]
Romanians abroad have mobilized massively to vote in the second round of the country’s presidential elections. Update: By Sunday afternoon (15:00 Bucharest time), over 1.2 million Romanians have voted abroad for the country's next president. That's some 220,000 more votes than the overall total in the first round. The countries with the largest turnout are […]
Romanians abroad have mobilized massively to vote in the second round of the country’s presidential elections. The vote in Diaspora started on Friday morning, and by Saturday evening (at 19:00), over 609,000 Romanians had already cast their votes. The turnout is almost 90% higher than the one recorded at the same time in the first […]
It's almost impossible to think about anything not related to elections this weekend but if you should need some distraction, there are options. Happening now is the European Film Festival, screening recent productions from the continent, very varied in theme, tone, and genre. The fest is playing Bucharest, Sfântu Gheorghe and Timișoara until Sunday and […]
