Definition, participants list

All the intermediaries authorised to provide investment services and management companies, that manage individual investment portfolios, are required to be members of the Fund. The intermediaries and the management companies authorised in other Member States of the European Union, as well as their branches which provide investment services or manage individual portfolios in Romania on the basis of the free movement of services may be members of the Fund. Additional membership of the Investors’ Compensation Fund can only be considered in order to supplement the cover of the claims of investors provided by the schemes of their home countries if the compensation limit and the cover provided by the Fund is more comprehensive.