News » February, 2011 » 22 February 2011
Pension funds to make their investments public
22.02.2011, 00:08 | Finance-Banks | 883 views
The investments of pension funds, which manage over one billion euros in assets and have a potential to become the biggest stock exchange investors over the next few years, will become public information twice a year, once the Private Pension System Supervisory Commission (CSSPP) has approved a set of modifications brought to the reporting and transparency norms. The private pensions regulator wants to significantly increase the transparency of the funds and force managers of mandatory and voluntary pension funds to publish the detailed structure of the funds' investments on December 31st and June 30th. Read more on ZF.ro
|
Latest news in category Finance-Banks
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...
|
|
