Advocacy

The Romanian Investor Relations Association (ARIR) sets its own agenda of legislative priorities to contribute to the development of the capital market

What we aim to achieve

Attractiveness

Reduce by half the duration of the capital increase operations and of other corporate operations for the listed companies is a desideratum of ARIR’s community;

Relevance

Reflect the role of the capital market as a financier of the economy in the government programs, strategies and policies, attract new issuers to the Bucharest Stock Exchange from the SMEs with the potential to develop and scale the business, attract new individual investors through financial education;

Efficiency

Reduce the bureaucracy for shares and bonds issuers, as well as streamline inter-institutional dialogue to unify the reporting platforms and avoid duplication of the financial and non-financial reporting;

In order to create a uniform and effective mechanism for institutionalized dialogue with the relevant authorities of the capital market and to be the only professional voice of issuers in relation to the authorities, ARIR sets up an internal working group on legislation, public policy and advocacy, composed of representatives of issuers, jurists and lawyers, public policy and advocacy specialists, legislative monitoring and communication specialists. The first members that joined the group are:

How we aim to achieve

Regulatory Monitoring

Continuously tracking changes in local and EU regulations to stay informed and prepared for potential impacts on Romanian capital markets;

Legislative Initiatives and Feedback

Providing valuable insights and recommendations on regulations that directly impact ARIR members and the broader capital market. This involvement aims to ensure that regulatory changes align with the interests and needs of the Romanian capital market.;

Stakeholder Engagement

Collaborating with regulatory bodies such as the Financial Supervisory Authority (FSA), the Ministry of Finance, and the European Commission to advocate for the interests of ARIR members;