ASF: Savings and investment accounts benefit citizens and the economy
The ASF supports new legislation on savings and investment accounts, aiming to enhance Romania's capital market and promote long-term investments. This initiative is expected to facilitate easier access to financial instruments for citizens and convert household savings into capital for businesses. The ASF has been involved in the legislative process, ensuring clarity on the product's nature and regulatory framework. The law will now be sent to the President for promulgation, with the ASF preparing secondary regulations to implement the new provisions effectively.