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 […]
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.
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.
As it is the case with many sectors given the pandemic context which made the need for digitalization obvious, competent authorities were led to adopt several measures in this regard. In this context, the Romanian Government adopted Government Emergency Ordinance no. 140/2020 for the establishment of measures regarding the use of electronic documents in the […]
The second part of the year 2020 was marked by a very intense regulatory activity carried out by the Romanian Energy Regulatory Authority (ANRE). Our professionals released (yet another) article, with regards to the new licensing rules for activities in the energy field.
The Romanian draft law on the authorisation of 5G technology manufacturers and its effects on competition: a challenge for mobile operators and competition regulators, September 2020
The Romanian draft law on the authorisation of 5G technology manufacturers and its effects on competition represents a challenge for mobile operators and competition regulators. A draft law on measures relating to information and communication infrastructures of national interest and the conditions for the implementation of 5G networks was launched on August 4, 2020 for […]
In short, the Directive aims at achieving a high common standard of network and information security across Member States, in the context of the ever increasing importance of networks and information systems to European economies. The article was published initially in International Bar Association’s Technology Law Committee Publication.
One of the major changes pursued in the data protection field has been the harmonisation of the legislative framework across the European Union (the “EU”), target achieved by the enactment of the Regulation (EU) 679/2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of […]
In the context of constant evolution of regulations in the aviation field at European level, Romania enacted Law no. 21/2020 regarding the New Airline Code on March 19, 2020 (“New Airline Code”). The New Airline Code is by far one of the most important national regulatory instruments, being designed as an integrated civil-military air code, […]