Romanian Lawyers Week

RLWeek December 2-8, 2019: The new Regulation on the organization and functioning of the Competition Council. The modification of some of the provisions regarding the assigning employer sponsored housing out of the housing stock of the Ministry of Justice

Dragoș Lucian IVAN |08/12/2019

The new Regulation on the organization and functioning of the Competition Council. The Order no. 985/2019 regarding the implementation of the Regulation on the organization and functioning of the Competition Council was published in the Official Gazette no. 976 of the… Read more<strong>RLWeek</strong> December 2-8, 2019: The new Regulation on the organization and functioning of the Competition Council. The modification of some of the provisions regarding the assigning employer sponsored housing out of the housing stock of the Ministry of Justice

NNDKP assisted Raiffeisen Bank Romania in the transaction whereby the bank becomes a shareholder in CIT ONE

JURIDICE.ro |06/12/2019

NESTOR NESTOR DICULESCU KINGSTON PETERSEN (NNDKP) assisted Raiffeisen Bank România in a tripartite transaction whereby Banca Comercială Română, BRD Group Societe Generale and Raiffeisen Bank România will have equal ownership rights of 33.3% in CIT ONE, one of the most important… Read moreNNDKP assisted Raiffeisen Bank Romania in the transaction whereby the bank becomes a shareholder in CIT ONE

Knew or should have known, a practical example

Daniel Udrescu |06/12/201904/12/2019

Kittel principle: the person requesting the VAT refund knew or should have knownabout the existence of a fraud on the supply chain Criminal prosecution, especially in the field of VAT, has evolved in the European Community, and the belonging of… Read moreKnew or should have known, a practical example

Romania needs a centralized coordination of the digitalization agenda

JURIDICE.ro |05/12/2019

AmCham Romania welcomes the announced plan to centralize the coordination of the digitalization process by allocating this role to the Government CIO, an institution that AmCham members consider to be of strategic importance in formulating public policies for the digital… Read moreRomania needs a centralized coordination of the digitalization agenda

Romania to relax restrictions on insurance distribution on a FOS basis

Cristina Popescu |05/12/201905/12/2019

As we reported previously, at the end of 2018, the Romanian Financial Supervisory Authority (the “FSA”) issued Norm no. 19/2018 on insurance distribution (“Norm 19”). Norm 19 introduced a number of restrictions on distribution of insurance on a FOS basis… Read moreRomania to relax restrictions on insurance distribution on a FOS basis

New European Data Protection Board Guidelines on DPbDD

Valentina Pârvu |05/12/2019

On 13 November 2019, the European Data Protection Board (“EDPB”) adopted its draft Guidelines 4/2019 on Article 25 – Data Protection by Design and by Default (“DPbDD”) (the “Guidelines”). The Guidelines are currently open for pubic consultation (20 November 2019… Read moreNew European Data Protection Board Guidelines on DPbDD

ȚUCA ZBÂRCEA & ASOCIAȚII Names New Partners

JURIDICE.ro |05/12/201905/12/2019

ȚUCA ZBÂRCEA & ASOCIAȚII has added two Partners to its ranks while five other lawyers were promoted to various roles, as part of the firm’s annual performance review taking place in November. ȚUCA ZBÂRCEA & ASOCIAȚII made up Dan Cristea… Read moreȚUCA ZBÂRCEA & ASOCIAȚII Names New Partners

Deloitte study: trust is the first emotional metric that influences brand loyalty

JURIDICE.ro |05/12/2019

Eight in ten customers (83%) believe that trust is the first emotional metric that influences brand loyalty, according to the 2019 Deloitte study “Exploring the value of emotions-driven engagements”. Moreover, the study shows that emotional factors inspire brand loyalty, while… Read moreDeloitte study: trust is the first emotional metric that influences brand loyalty

BRD, BCR and Raiffeisen Bank to split ownership of CIT One

JURIDICE.ro |04/12/201904/12/2019

PNSA advised BRD Groupe Société Générale on its co-investment, along with Raiffeisen Bank and BCR, in CIT One, a company specialised in the transport, processing and storage of cash and other valuables, initially owned by BCR. CIT One will be… Read moreBRD, BCR and Raiffeisen Bank to split ownership of CIT One

BIRIȘ GORAN advises on InteRo Property Development Estates SRL sale of land to Skanska

JURIDICE.ro |04/12/2019

BIRIȘ GORAN successfully represented its client, InteRo Property Development Estates SRL, in the sale of a plot of land to Skanska. The plot of land of approximately 26,200 square meters is located in Bucureștii Noi (Northern Bucharest), and will be… Read moreBIRIȘ GORAN advises on InteRo Property Development Estates SRL sale of land to Skanska