Considering the economic and financial difficulties caused by the spread of the SARS-Cov-2 virus, Law No. 55/2020 concerning measures for preventing and fighting the effects of the COVID-19 pandemic was passed, which includes, in Section 8, a series of regulations… Read moreLegislative amendments in insolvency matters during the state of alert
Two thirds (65%) of the responding companies didn’t have to apply measures to reduce employee costs in the two months of the state of emergency, according to the HR Barometer conducted by PwC Romania in May. Cost-cutting companies have adopted… Read morePwC Romania Survey: 65% of companies didn’t apply measures to reduce employee costs in the first two months of the state of emergency
A typical fraud case lasts 14 months before detection and causes a loss of over $8,000/month, according to the Association of Certified Fraud Examiners (ACFE) 2020 Report to the Nations. When considering today’s financial landscape, where transactions happen under one… Read moreDeloitte Romania and SAS experts: New anti-fraud technology solutions emerge, but companies must ensure cooperation between compliance and anti-fraud departments
FILIP & COMPANY law firm assisted the Ministry of Public Finance, alongside Linklaters law firm, in an issuance of Eurobonds in two tranches that raised EUR 3.3 billion from international markets. The first tranche consists of EUR 1.3 billion 2.750%… Read moreFILIP & COMPANY assisted the Ministry of Public Finance in the issuance of EUR 3.3 billion worth of Eurobonds
