The ASF Council approved a regulation for simplifying the authorization of UCITS, reducing the time required for documentation and standardizing procedures.
Raluca Ioana Draghici
Economy
Facebook/Autoritatea de Supraveghere Financiară: https://www.facebook.com/photo/?fbid=1240087898158692&set=a.565093502324805&locale=ro_RO
Always see our news on Google
The regulation project approved by ASF aims to simplify and standardize the authorization procedure for collective investment bodies in securities (CIBS). It reduces the time required for the preparation of incorporation documents and introduces a standardized format for company contracts and issuance prospectuses. Additionally, it removes the obligation for investors to hold at least one unit of the fund, facilitating the subscription process. The project improves the transparency of reporting and the efficiency of supervision, contributing to the development of the capital market in Romania.
Sources
ASF a lansat în dezbatere publică un proiect de regulament ce vizează simplificarea şi standardizarea procedurii de autorizare a OPCVM
ASF a lansat în dezbatere publică un proiect de regulament prin care se simplifică standardizarea procedurii de autorizare a OPCVM
ASF a lansat în dezbatere publică un proiect de regulament ce vizează simplificarea și standardizarea procedurii de autorizare a OPCVM
Latest News
20:05
The co-founders of La Mița Biciclista apologized after the negative reactions generated by a video considered elitist. Edmond Niculușcă: "Mr. Mihai, I ask for your forgiveness!"
19:59
Traian Băsescu criticized on Digi24 the project of the new Salary Law, stating that the mixing of salary with bonuses will not be accepted by the European Commission.
19:53
A 35-year-old Romanian man was arrested in Romania, accused of raping a 12-year-old minor who went missing from Spain. The minor ran away from home to be with him.
19:45
Two former chief commissioners, sent to trial for bribery involving parking spaces of the municipality of Oradea
19:32
Jodie Foster, a 23-year-old python, became the first snake subjected to electrochemotherapy after a malignant tumor recurred. Now, the animal shows no signs of cancer.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
