Deciziile adoptate de Consiliul Autorității de Supraveghere Financiară

For pension providers, the marketing norm will reshape product promotion, sign-off and oversight, while the custody/depository norm raises operational and asset-safeguarding expectations for private pension payment funds. Compliance teams should expect Official Gazette publication soon and prepare gap assessments, policy updates and training. Capital-market firms face director authorisation items and a delisting, reinforcing the need for timely governance approvals and articles-of-association change controls.

Key actions: monitor publication, map new norms to existing controls, validate marketing and custody arrangements, update governance records, and manage Biofarm delisting operational and client impacts. Overall impact is moderate; urgency is medium.