Question 1

How long does a CASP license take in Romania?

Accepted Answer

Romania typical CASP authorization timeline: 6–12 months typical processing time. This covers the NCA review period once the application is declared complete. Preparation time is separate and can be reduced to 4–8 weeks using Micahub.

Question 2

How much does a CASP license cost in Romania?

Accepted Answer

Indicative NCA fees in Romania: €10,000–€40,000. Total cost includes legal and document preparation, which can be reduced by 60–80% using Micahub's automated application platform. Traditional consulting typically costs €150,000–€500,000.

Question 3

Which regulator oversees CASP licenses in Romania?

Accepted Answer

The National Competent Authority for MiCA CASP authorization in Romania is ASF (Autoritatea de Supraveghere Financiară (Financial Supervisory Authority)). Applications are submitted to ASF, which reviews and issues the authorization. A Romania CASP license provides EU passporting rights across all 30 EEA member states.