Romania – Measures taken amid the Covid-19 pandemic, April 2021

Romania – Measures taken amid the Covid-19 pandemic, April 2021
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 […]
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The Romanian draft law on 5G technology under strong criticism from both public authorities and private stakeholders

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 […]
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Recognizing copyright protection of fictional characters in Romania

Recognizing copyright protection of fictional characters in Romania
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 […]
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Further amendments to the Romanian Fiscal Code

Further amendments to the Romanian Fiscal Code
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.
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Credit institutions’ amendments, approval and notification

Credit institutions’ amendments, approval and notification
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 […]
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EU’s new cybersecurity strategy, February 2021

EU’s new cybersecurity strategy, February 2021
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 […]
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Authorization procedure for Banks in Romania

Authorization procedure for Banks in Romania
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.
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Updates of the Romanian criminal procedure law – procedural safeguard of children

Updates of the Romanian criminal procedure law – procedural safeguard of children
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.
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New regulations for the authorization of credit institutions

New regulations for the authorization of credit institutions
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.
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Legal nature of video games – copyright perspective

Legal nature of video games – copyright perspective
Video games are a form of modern art and certainly number among the most recent forms of creative arts. The major difference between video games and traditional art is the active, rather than passive, participation of the recipient of the art in the process of its delivery. With over 100 active development studios, the gaming […]
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