Romania: corporate statements regarding ultimate beneficial owner(s)

1. Background Law no. 129/2019 for the prevention and combating of money laundering and terrorism financing, and for the amendment and supplementation of certain legislative acts (“Law 129/2019”) requires Romanian companies subject to registration with the Romanian Trade Registry (with… Read moreRomania: corporate statements regarding ultimate beneficial owner(s)

Digitalization, a high priority for Europe’s future – the European Commission showcases its new digital and AI strategy

1. Background The way technology is used has changed significantly in the past decade and continues to change at a rapid pace, disrupting the way people interact both within the private and the public sector. Advances in technology make possible… Read moreDigitalization, a high priority for Europe’s future – the European Commission showcases its new digital and AI strategy

Romanian Digitalization Agenda – the Government takes one step forward by setting up the Authority for the Digitalization of Romania

1. Background In November 2019, the newly-appointed Romanian government decided to operate certain operational changes. As a result of the reorganisation, the Ministry of Transport was merged with the Ministry of Communications and Information Society, becoming the Ministry of Transport,… Read moreRomanian Digitalization Agenda – the Government takes one step forward by setting up the Authority for the Digitalization of Romania

MPR PARTNERS | MARAVELA, POPESCU & ROMAN is the recipient of two of Lexology’s Client Choice awards

MPR PARTNERS | MARAVELA, POPESCU & ROMAN’s both founding partners have been awarded in the 2020 edition of the prestigious Lexology Client Choice Awards. Established in 2005, Client Choice Awards recognize those law firms and partners around the world that… Read moreMPR PARTNERS | MARAVELA, POPESCU & ROMAN is the recipient of two of Lexology’s Client Choice awards

Romanian Competition Council’s new guidelines on the assessment of fines

1. Introduction Competition authorities at both European and national level develop and update policies regarding the enforcement of competition legislation. Such a policy for the prevention of infringements of competition law rules was recently updated by the Romanian Competition Council… Read moreRomanian Competition Council’s new guidelines on the assessment of fines

Romanian legislation on network and information systems security: a work in progress

1. Introduction The European Union’s concern with safeguarding data is not limited to the protection of personal data by means of legislation such as the GDPR. Network and information systems infrastructure security is equally important. The new regime for cybersecurity… Read moreRomanian legislation on network and information systems security: a work in progress

New managing associates in the consultancy department of Maravela & Asociaţii

This November, Maravela & Asociații’s leadership structure has been broaden through the promotion of Mihai Buciuman and Daniel Vinerean as managing associates. Mihai Buciuman has over 7 years of legal pratice, previously being part of the consultancy teams of Nestor… Read moreNew managing associates in the consultancy department of Maravela & Asociaţii

Amendments to Romanian legislation on building permits, urban planning and Real Estate registers

The Romanian Law no. 50 of July 29, 1991 on building permits (“Building Permits Law”) as well as Law no. 350 of July 6, 2001 on regional planning (“Planning Law”) have been amended by Law no. 197 of October 31,… Read moreAmendments to Romanian legislation on building permits, urban planning and Real Estate registers

Best Lawyers: repeated international acknowledgement for Maravela & Asociaţii lawyers

The founding partners of Maravela & Asociaţii have been once again listed by Best Lawyers International amongst the most prominent Romanian lawyers. Best Lawyers is one of the oldest and most respected international directories, being a peer based survey of… Read moreBest Lawyers: repeated international acknowledgement for Maravela & Asociaţii lawyers