In the recent years, cybersecurity has become one of the crucial areas that the European Union decided to invest in to get fit for the digital era. In order to acquire leadership and autonomy in this field, the EU takes steps to develop competencies, capacities and capabilities. One step in this regard is represented by […]
Romania has entered a state of alert as of May 18, 2020, in order to contain the spread of and fight against the effects of the severe acute respiratory syndrome coronavirus 2, known as SARS-CoV-2. The state of alert has been maintained until present. Our experts prepared this high level summaries of some of the […]
The Romanian draft law on 5G technology under strong criticism from both public authorities and private stakeholders
The Draft law on the adoption of certain measures concerning informatic and communications infrastructures of national interest and the conditions for deployment of 5G networks initiated by the former Ministry of Transportation, Infrastructure and Communications has undergone a new series of examinations from the relevant public authorities as part of the legislative procedure. Although the […]
Fictional characters range from the generic to the individualized. The more individualized a fictional character, the easier it gets recognized by the public, and, as such, the more likely it is for it to benefit from legal protection. The legal protection of fictional characters as separate from the legal protection awarded the works in which […]
After the issuance of Law no. 296/2020 for the amendment and completion of the Fiscal Code, the Romanian Government deemed necessary to add further amendments to the Fiscal Code, mostly for correlation and clarification purposes.
Our regulatory team released the third article of the credit institution’s authorization series. In follow-up to our summary regarding the preliminary evaluation for the banks’ authorisation and our summary regarding the information and documentation to be submitted by a bank in order to obtain authorisation from the National Bank of Romania (NBR), hereafter are the […]
Cybersecurity is at the forefront of the European Union’s efforts to build a resilient, green and digital Europe. In this respect, in December 2020, the European Commission and the High Representative of the Union for Foreign Affairs and Security Policy presented the European Union’s new Cybersecurity Strategy for the Digital Decade. Our specialists prepared an […]
Our regulatory team released the second article of the credit institution’s authorization series, detailing the information and documentation to be submitted by a bank in order to obtain authorisation from the National Bank of Romania.
Given the importance of human rights in general and children rights in particular, the European Union has considered that the international treaties do not offer an adequate level of protection of minors during criminal trials, and therefore, a common legal framework is necessary.
Credit institutions prospecting the entry on the Romanian market will need to conduct a complex assessment in order to determine whether they meet the criteria subject to the National Bank of Romania’s evaluation. Our team members freshly released an article concerning the new regulations for the authorization of credit institutions and the preliminary requirements thereto.