* SIF2 initiates talks with the Financial Supervision Authority, the NBR and the Ministry of Finance in order to eliminate the unclear stipulations of the laws
* The Stock Exchanges will not be summoned for now to discuss the issue
* The creation of the Central Counterparty, a "burning" topic
* Costel Ceocea, SIF Moldova: "There is interest from the NBR for the creation of the Central Counterparty"
Even though it is barely "born", after the "merger" between the Romanian National Securities (CNVM), the Insurance Supervision Commission (CSA) and the Commission for the Supervision of Private Pensions (CSSPP), the Financial Supervision Authority (ASF) has already been approached by SIF Moldova with a wide-scope project: the harmonization and the correlation of the legal dispositions of applicable to the stock market, in order to eliminate the ambiguous provisions which have created numerous scandals lately.
Even though the ASF does not yet have its own offices, and some people are still unclear on whom they should address their questions to, SIF Moldova found the way to the office of the vice-president of the ASF in charge of the stock market, Mircea Ursache, to whom he has already presented the idea, with a very clear message: there is no more time to waste!
SIF Moldova is also betting on the support of the other SIFs, of the Proprietatea Fund and of a group of professional associations (the Association of Fund Managers; the Association of Stock Market Professionals; the Association of Brokers).
"We have talked to the ASF and we had constant communication with Mr. vice-president Mircea Ursache, because we want to initiate as soon as possible a conversation with the Authority, with the NBR, with the Ministry of Finance and with the Ministry of Justice", said Costel Ceocea, the president of SIF2 Moldova, who stressed that the f
