In order to reduce the bureaucracy involved in the submission of the ultimate beneficial owner (UBO) statement with the Romanian Trade Registry pursuant to Law no 129/2019, transposing the 4th AML Directive (Directive (EU) 2015/849) of the European Parliament, the… Read moreRomania simplifies registration formalities for ultimate beneficial owners
Earlier on 23 June 2020, the European Court of Human Rights (the „Court”) issued a decision in the case Vladimir Kharitonov v. Russia (Application no. 10795/14), in which the Court reiterated that blocking access to a website may constitute a… Read moreLessons (re)learned from the new ECHR case Vladimir Kharitonov v. Russia on blocking access to a website and the freedom of expression
1. Background As the recent pandemic showed, the modern world fully relies on the good functioning of the electronic communication sector. Communication plays an important part these days for individuals, businesses, public authorities, and the implementation of 5G technology will… Read moreWhen 5G regulations affect mobile operators. Legal remedies under the national Law And the European Convention on Human Rights
1. The problem On Tuesday, 16th of June 2020, the Romanian Parliament approved a law that forbids any discussions on “gender theory or opinion” in Romanian schools and educational establishments (including universities). The newly enacted law exacerbates an already endangered… Read moreThe Romanian crusade against gender identity and LGBT+ rights: Brief analysis on the constitutional role of political parties and the Church
On 30 June 2020 the new European Single Procurement Document (ESPD) template entered in force (can be accessed here). The old ESPD template had been in force since October 2018. The 2018 ESPD template was prepared by the Ministry of Finance… Read moreThe new Moldovan European Single Procurement Document template
1. The Official Journal of Romania No. 583, Part I, of 2 July 2020 published Law No. 102/2020 (“Law No. 102/2020”) amending and supplementing Company Law No. 31/1990 (“Law No. 31/1990”). 2. The amendments to Law No. 31/1990 are aimed… Read moreNovelties regarding Commercial Law
In the Official Journal of Romania, Part I, No. 579 of 1 July 2020 was published the Law No. 101/2020 for amending and supplementing Law No. 372/2005 on the energy performance of buildings (“Law No. 101/2020”). Law No. 101/2020 transposes… Read moreNew obligations concerning the energy performance of buildings
1. Background: the European Green Deal On 11 December 2019, the European Commission (the “Commission”) presented the European Green Deal (the “Green Deal”), with the aim that European Union becomes the first climate – neutral bloc in the world by… Read moreThe European Green Deal Investment Plan
On 2 July 2020, Romania published Law no. 102/2020 (“Law”), which removes certain barriers hindering the incorporation of Romanian companies. Aimed at improving the rating of Romania’s business in international directories, the Law eases incorporation requirements for Romanian limited liability… Read moreSimplified requirements for incorporation of Romanian companies
The Romanian government has amended Electricity and Gas Law 123/2012 through an emergency ordinance published in the Romanian Official Gazette on 1 July 2020. As a result of the ordinance, the main changes in the natural gas sector include a gas-release… Read moreRomania amends electricity-gas law
