The Romanian Financial Supervision Authority announces the dissolution and commencement of voluntary liquidation procedures for an insurance company

On 14 June 2016, the Romanian Financial Supervisory Authority announced that it has approved the dissolution and voluntary liquidation of the company FATA ASIGURARI S.A.

Through the same decision, The Board of The Romanian Financial Supervisory Authority has also approved the appointment of KPMG RESTRUCTURING SPRL as liquidator.

The Romanian Financial Supervisory Authority has announced the decision on the basis of the Solvency II Directive.

This public notice by the Finnish Financial Supervisory Authority is based on section 15 a of the Act on Foreign Insurance Companies (398/1995), as amended by Act 525/2008 and section 15 b, as amended by Act 331/2004.