AUTORITATEA DE SUPRAVEGHERE FINANCIARĂ

Romania · Financial Services

The Autoritatea de Supraveghere Financiară (ASF) is Romania's national regulatory authority for non-banking financial markets. It oversees sectors such as insurance, private pensions, capital markets, and fintech. ASF's primary mission is to ensure market stability and protect consumers by enforcing transparency and supervising compliance among financial entities. ASF provides various services, including regulatory oversight of capital market participants and issuing investor alerts about unauthorized financial activities. It also drafts regulations for crypto-assets, focusing on transparency and disclosure. The authority manages data related to market activities and offers a free dispute resolution mechanism, SAL-Fin, to address conflicts between consumers and financial service providers. Additionally, ASF promotes financial literacy through partnerships and ensures equitable access to financial services. By collaborating with EU member states and adapting to fintech developments, ASF plays a crucial role in maintaining a robust financial ecosystem in Romania.