Romanian banking and financial service associations have publicly refuted allegations of manipulating the ROBOR benchmark interest rate. In an open letter, they strongly criticized a recent decision by the Romanian Competition Council to sanction market participants. The associations argue the Council’s conclusions are unfounded and represent an abuse of power. They warn that the ruling could damage public trust in the financial system and undermine Romania’s financial stability and investment appeal. The groups maintain their innocence and suggest the sanctions are detrimental to the country’s economic health. They have not detailed specific legal challenges to the ruling, but implied a strong disagreement with the Council’s findings. This dispute raises concerns about transparency and regulation within Romania’s financial sector.