The Romanian Ministry of European Investments and Projects recently published the extended version of Romania’s National Recovery and Resilience Plan (PNRR), which allocates EUR 2.5 billion to the Romanian private sector, out of which EUR 500 million in awards will… Read moreEUR 500 m in grants to be awarded for SME digitisation projects
Executive Summary Until November 2021, crowdfunding activities (investment-based or lending-based) have not benefited from a dedicated regime and may interfere with the EU banking and financial services rules, triggering ultimately significant risks to all parties involved. This context is about… Read moreCrowdfunding in Romania – new Romanian law initiatives for the application of the EU Crowdfunding Regulation
New EU regulations regarding toxic residues On Monday, October 25, 2021, the Commission Regulation (EU) 2021/1864 of 22 October 2021 was published in the Official Journal of the European Union. This Regulation has the purpose of amending Annexes II, III… Read more<strong>RLWeek</strong> October 25-31, 2021: New EU regulations on toxic residues. Commencement of selection procedure for Romanian liaison magistrate. Foreign Investors Summit 2021. New Romanian judge appointed to the EU Court of Justice. European Commission endorses Romania’s recovery and resilience plan. European Commission takes action on cybersecurity of radio equipment. Romania publishes red, yellow, green COVID-19 travel lists
Tailent, the Romanian tech company known for democratizing access to Robotic Process Automation (RPA) solutions, teams up with solutions provider Wolters Kluwer Romania to introduce affordable automation in highly regulated industries like legal, compliance, tax and accounting. Affordable RPA solutions… Read moreTailent teams up with the solutions provider Wolters Kluwer Romania to bring affordable automation in highly regulated industries
The 2021 edition of the Banking Law Conference in Timișoara, on the topic “How adequate is the general law for the specifics of banking activities? The perspective of jurisprudence” took place on 22 October 2021. The conference is part of… Read moreSimona Petrisor, speaker at the 2021 edition of the Banking Law Conference, part of the Legal Colloquia of the National Bank of Romania, held in Timișoara on Friday, 22 October 2021
Compliance with the interim measures ordered on 14 July 2021 is necessary in order to avoid serious and irreparable harm to the legal order of the European Union and to the values on which that Union is founded, in particular… Read moreCJEU. Case C- 204/21 R Commission v Poland. As it has not suspended the application of the provisions of national legislation relating, in particular, to the areas of jurisdiction of the Disciplinary Chamber of the Supreme Court, Poland is ordered to pay the European Commission a daily penalty payment in an amount of €1.000.000
The law firm KPMG Legal – Toncescu si Asociatii SPARL has announced that Alexandru Mocănescu has been appointed as a new Partner and Head of the Real Estate and ESG Practices, starting from October 2021. At the same time, two… Read moreKPMG Legal – Toncescu si Asociatii announces a new Partner and internal promotions
MPR | Partners’s founding partners have been awarded anew in this year’s edition of the prestigious Lexology Client Choice Awards. Established in 2005, Client Choice Awards recognize those law firms and partners around the world that stand apart for the… Read moreMPR Partners receives two Lexology Client Choice Awards for Competition and M&A
The government approved the draft law on the search for missing persons. UPDATE: Amendment on the implementation of an information system to ensure the real-time transmission of information between institutions On Friday, October 22, 2021, the Romanian Senate informed that… Read more<strong>RLWeek</strong> October 17- 24, 2021: The government approved the draft law on the search for missing persons. UPDATE: Amendment on the implementation of an information system to ensure the real-time transmission of information between institutions. Update of the Regulation on the recognition of the legal qualifications of nationals of EU Member States or EEA members | Project. Regulation on the assessment of the professional activity of judges Project. UPDATE: Publication in the Official Gazette. Implementation of the National Strategy for the renovation and transformation of the national park of buildings The project
Wolf Theiss acted as legal advisor to Banca Comercială Română S.A. in relation to its inaugural issue of the RON 500 million 5.00 per cent Senior Preferred Green Notes due 2028 under its Multi Issuer EMTN Programme On 14 October 2021, Banca… Read moreWolf Theiss advises Banca Comercială Română S.A. On its inaugural ron 500 million Senior Preferred Green Notes due 2028
