Legislation

Primary legislation

For commodity exchanges

Law nr. 375/2005 concerned with commodities exchanges, which establishes inception, organising and functioning of commodities exchanges. The normative act indicated notes at art.21, (5) the following: “If contracting authorities acquire products, services or contracting services through a commodities exchange, the contracting authority must respect the legislations’ terms concerned with public acquisitions when they apply this procedure. Also, as a standardized market, RCE makes available to its clients and members the Retail market. The governing of this market is represented by Law 357/2005 concerned with commodities exchanges, and states in article 1 (4) letter a) “Commodities exchanges, formed within this law, administers markets of public interest and ensures members and clients centralised negotiation conditions for buying and selling visible or to a date fungible products.

FOR THE FINANCIAL MARKET

Law nr 126/2018 concerned with markets operating financial instruments

Law nr 24/2017 concerned with launchers of financial instruments and market operation.

Secondary legislation

For wholesale Natural gas markets

  • Law nr. 123/2012, Electrical energy and natural gas law=
  • RERA order nr. 69/11.09.2013 for approval of regulated tarrifs practiced by the licensed operator of the centralizard gas marker operator within the natural gas sector
  • RERA order nr.. 66/2014 for modifying the general rules concerned with the centralized natural gas market
  • RERA order nr. 67/2014 for modifying and completing the rules concerned with the organized trading rules of the centralized natural gas market administered by the Romanian Commodities Exchange

For the RETAIL Market

For public and sectorial acquisitions

 

  • Law 98/2016 concerning public acquisitions, art 104, (5), letter c
  • Governments decision nr. 395/2016 for the approval of methodical norms of application of the rules with respect to the attribution of a public acquisition contract from Law nr. 98/2016 concerning public acquisitions.
  • Law 99/2016 concerning sectorial acquisitions, art 117 (1) letter. g)
  • Government decision nr. 394/2016 for the approval of methodical norms of application with respect to the attribution of a sectorial acquisition/contract from Law 99/2016

For the cereal market – deposit certificate trading:

Law nr.101/2014 concerned with the reglementation measures of consumer seed depositing and the deposit certificates for them

For the auction market

For state owned goods:

Government order nr. 14/2017: for the regulation of the mode and conditions of evaluating goods which according to the law, are privately owned by the state.

For the capital market

  • ASF rule nr 1/2019 concerned with the evaluation and approval of members in executive positions and key positions within entities regulated by the Financial supervision authority.

Legal aspects

The content of the Romanian commodities exchanges’ website is available for a strictly informative purpose.

Due to the fact that information can change at anytime, The Romanian commodities exchange is not responsible for the opportunity, accuracy and wholeness of available information.

The content and structure of the Romanian commodities exchanges’ website is protected through copyright. Reproduction, translation, distribution, publication or commercializing under any circumstance without written permission from the Romanian commodities exchange is forbidden.

The Romanian commodities exchanges’ website includes links to other webpages and the Romanian commodities exchange is not responsible for the content of websites accessed from such links. if you wish to create a link towards RCE’s website, you must use the address www.brm.ro.

The Romanian commodities exchange commits itself to protect your personal data. Information supplied by you through communication will not be used for other purposes or be shared with a third party unless we receive your confirmation in that sense.

Please contact us in case of any further questions you may have. We will try to respond promptly.

The Romanian commodities exchange is headquartered in Bucharest,

Buzesti street nr. 50-52, 7th floor, district 1, Postal code 011015, Romania

Phone: +40 21 317.45.60

Fax: +40 21 317.28.78

Email: office@brm.ro