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The new management of ASF is waiting for the Parliament s vote, after the mock hearings from the assembled commissions

The Financial Supervision Authority is waiting for the vote tonight or tomorrow by the plenary of the Parliament which will confirm the choice of the new management team made yesterday by the members of the joint committees of the budget, finance, banks, by the members of the economic committee, industry and services in the Senate and by the members of the committee for economic policy, reform and privatization from the Chamber of Deputies.

ASF: Private pensions market is largest of the three supervised

The private pensions market is the largest of the three markets supervised by the Financial Supervisory Authority (ASF), with an asset share of approximately 8..

Pillar II of pensions, at 15 years: 8 1 million participants, 17 billion lei accumulated, payments of 1 7 billion lei

Mugur Isărescu, BNR: "A pension system based on several pillars is better able to meet the needs of society" Ionuţ Dumitru, ASE: "Romania has a major structural problem in the labor market" Adrian Codirlaşu, CFA Romania: "The II pillar of pensions has an efficiency for contributors of three to one compared to the pillar of public pensions"

Pillar II of pensions, at 15 years: 8 1 million participants, 117 billion lei accumulated, payments of 1 7 billion lei

Mugur Isărescu, BNR: "A pension system based on several pillars is better able to meet the needs of society" Ionuţ Dumitru, ASE: "Romania has a major structural problem in the labor market" Adrian Codirlaşu, CFA Romania: "The II pillar of pensions has an efficiency for contributors of three to one compared to the pillar of public pensions"

12 EXECUTIVES REMOVED The reorganization of the ASF - Camouflage for the execution of Claudia Sava and Florentina Boboc

12 EXECUTIVES REMOVEDThe reorganization of the ASF - Camouflage for the execution of Claudia Sava and Florentina Boboc MIHAI GONGOROI (Translated by Cosmin Ghidoveanu) >• The removal of the two directors with responsibilities in the supervision of the stock market comes on top of Ciprian Copariu, the former director of the Issuer Department and Răducu Petrescu, the former head of the Legal Department • Last year, BURSA published tens of articles about the complicity of ASF workers in stock market manipulation • Daniel Apostol, spokesperson of the ASF: We are still in full reorganization process Twelve heads heads of department and services have so far lost their well paid jobs from the Financial Oversight Authority (ASF), during the term of Nicu Marcu, in the context of the reorganization of the institution. Some of them have left, some have already received are cushy positions, but that is the time for evaluations, and two of the iron ladies of the stock marke

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