# C_2016329EN.01000301.xml

| 7.9.2016 | EN | Official Journal of the European Union | C 329/3 |
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7.9.2016

EN

Official Journal of the European Union

C 329/3

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Reorganisation measures

Decision on a reorganisation measure in respect of ‘Societatea de Asigurare-Reasigurare City Insurance SA’

(Publication made in accordance with Article 271 of Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II))

(2016/C 329/03)

| Insurance undertaking | ‘Societatea de Asigurare-Reasigurare City Insurance SA’, with its registered office at str. Constantin Aricescu nr. 5-7, ground floor and semi-basement, Sector 1, Bucharest, Romania, J40/3150/31.03.1998, 10392742, RA-008/10.04.2003 |
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| Date, entry into force and nature of decision | Decision No 901 of 18 April 2016 on launching the financial recovery procedure, based on a financial recovery plan, for ‘Societatea de Asigurare-Reasigurare City Insurance SA’, published in Official Gazette of Romania No 304 of 20 April 2016 |
| Competent authorities | ‘Autoritatea de Supraveghere Financiară’ (ASF) (Financial Supervisory Authority), with its head office at Splaiul Independenței nr. 15, Sector 5, Bucharest, Romania |
| Supervisory authority | ‘Autoritatea de Supraveghere Financiară’ (ASF) (Financial Supervisory Authority), with its head office at Splaiul Independenței nr. 15, Sector 5, Bucharest, Romania |
| Administrator appointed | — |
| Applicable law | Romania
  Government Emergency Order No 93/2012 on the establishment, organisation and functioning of the Financial Supervisory Authority, approved with amendments by Law No 113/2013, as amended;
  Law No 503/2004 on financial recovery, bankruptcy, and voluntary dissolution and winding-up in the insurance business, republished;
  Law No 32/2000 on insurance and insurance supervision, as amended. |

Insurance undertaking

‘Societatea de Asigurare-Reasigurare City Insurance SA’, with its registered office at str. Constantin Aricescu nr. 5-7, ground floor and semi-basement, Sector 1, Bucharest, Romania, J40/3150/31.03.1998, 10392742, RA-008/10.04.2003

Date, entry into force and nature of decision

Decision No 901 of 18 April 2016 on launching the financial recovery procedure, based on a financial recovery plan, for ‘Societatea de Asigurare-Reasigurare City Insurance SA’, published in Official Gazette of Romania No 304 of 20 April 2016

Competent authorities

‘Autoritatea de Supraveghere Financiară’ (ASF) (Financial Supervisory Authority), with its head office at Splaiul Independenței nr. 15, Sector 5, Bucharest, Romania

Supervisory authority

‘Autoritatea de Supraveghere Financiară’ (ASF) (Financial Supervisory Authority), with its head office at Splaiul Independenței nr. 15, Sector 5, Bucharest, Romania

Administrator appointed

—

Applicable law

Romania

Government Emergency Order No 93/2012 on the establishment, organisation and functioning of the Financial Supervisory Authority, approved with amendments by Law No 113/2013, as amended;

Law No 503/2004 on financial recovery, bankruptcy, and voluntary dissolution and winding-up in the insurance business, republished;

Law No 32/2000 on insurance and insurance supervision, as amended.

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