Criminal liability of corporations – Global vs Romanian approach

Criminal liability of corporations is a hot topic worldwide. From financial institutions to global corporations, almost daily we hear about a large corporation being investigated, signing a Deferred Prosecution Agreement or being convicted, usually for money laundering, tax evasion or… Read moreCriminal liability of corporations – Global vs Romanian approach

PwC: 53% of the employees worldwide feel threatened by automation and 77% want to learn new digital skills

More than half of global employees feel threatened by automation and believe that will significantly change or make their job obsolete within the next ten years, according to PwC Upskilling Hopes and Fears research. They also feel that their current employers… Read morePwC: 53% of the employees worldwide feel threatened by automation and 77% want to learn new digital skills

The prevention and combating of money laundering – is it easier or more difficult to ensure conformity?

The increase in the complexity of transactions and the massive volume of operations carried out on the financial markets, as well as the use of electronic means for the remote conclusion and performance of contracts generated a context that caused… Read moreThe prevention and combating of money laundering – is it easier or more difficult to ensure conformity?

GCEU. T-883/16 Press and Information Poland v Commission. The General Court annuls the Commission decision approving the modification of the exemption regime for the operation of the OPAL gas pipeline

The gas pipeline Ostseepipeline-Anbindungsleitung ﴾OPAL) is the terrestrial section to the west of the Nord Stream 1 gas pipeline. Its entry point is located in Germany and its exit point is in the Czech Republic. In 2009, the Bundesnetzagentur (BNetzA,… Read moreGCEU. T-883/16 Press and Information Poland v Commission. The General Court annuls the Commission decision approving the modification of the exemption regime for the operation of the OPAL gas pipeline

RLWeek September 2-8, 2019: NBR Order on establishing requirements for the recognition of vocational training bodies in the field of financial instruments markets. Amendment to the Law on expropriation for a public utility cause. Simona-Maya Teodoroiu, appointed Government Agent for the European Court of Human Rights

NBR Order on establishing requirements for the recognition of vocational training bodies in the field of financial instruments markets.  In the Official Gazette of Romania, part I, no. 725 from September 3, 2019, was published Order no. 6/2019 regarding the… Read more<strong>RLWeek</strong> September 2-8, 2019: NBR Order on establishing requirements for the recognition of vocational training bodies in the field of financial instruments markets. Amendment to the Law on expropriation for a public utility cause. Simona-Maya Teodoroiu, appointed Government Agent for the European Court of Human Rights

Solving tax disputes for the avoidance of double taxation

1. Introduction The Government Ordinance no. 19/2019 amending and supplementing the Law no. 207/2015 on the Fiscal Procedure Code (the “Government Ordinance 19/2019”) brings a new mechanism for resolving tax disputes for the avoidance of double taxation. This new mechanism… Read moreSolving tax disputes for the avoidance of double taxation

First contract concluded on the Romanian Commodities Exchange Gas Forward CCP platform

On 1 August 2019, the Romanian Commodity Exchange (“RCE”) announced the conclusion of the first transaction on its new trading platform – “Gas Forward CCP”. Gas Forward CCP is available formedium-term contracts (contracts with a week or month duration). The… Read moreFirst contract concluded on the Romanian Commodities Exchange Gas Forward CCP platform

RLWeek August 26-September 1, 2019: Ratification of the Loan Agreement between Romania and the IBRD. The sample of the “Statement on payment obligations of social contributions, income tax and nominal records of insured persons”. Amendment to the Policeman Statute

Ratification of the Loan Agreement between Romania and the IBRD. Draft. On Monday, August 26, 2019, the Ministry of Public Finance has launched in public debate the draft Law for the ratification of the Loan Agreement (the Draft on infrastructure… Read more<strong>RLWeek</strong> August 26-September 1, 2019: Ratification of the Loan Agreement between Romania and the IBRD. The sample of the “Statement on payment obligations of social contributions, income tax and nominal records of insured persons”. Amendment to the Policeman Statute

Romania: bid round for mining exploration: geothermal, mineral water and other resources

On 19 August 2019, the National Agency for Mineral Resources (“NAMR”) published Order no. 294/6.08.2019 in the Romanian Official Gazette. The order approves the list concession areas forexploration activities and opens bidding round 99/2019 in the mining sector. The list… Read moreRomania: bid round for mining exploration: geothermal, mineral water and other resources

Marc Sel: Technology and law constantly meet and cross-fertilise one another

Alina Matei: Thank you, Mr. Marc Sel for your time and for accepting to give this interview. In 1984, you were pursuing a master’s degree in Information Technology in Brussels. How did you know that this is the future? Marc… Read more<font color='#bb0000'><strong>Marc Sel</strong></font>: Technology and law constantly meet and cross-fertilise one another