CMS: Romania – New rules for the assessment of shareholders and investors in non-banking markets

The Romanian Financial Supervisory Authority (“FSA”) recently adopted a new regulation addressing the criteria and procedure for the FSA’s assessment of acquisitions and shareholding increases in entities regulated by the FSA (the “Regulation”). The Regulation addresses the authorisation and approval… Read moreCMS: Romania – New rules for the assessment of shareholders and investors in non-banking markets

CMS: Romania – First steps to national and European transportation interconnectivity

In order to simplify and accelerate the implementation of infrastructure projects included in the 2014-2020 Large Infrastructure Operational Programme approved by the European Commission, the Romanian Government recently adopted an emergency ordinance for projects related to the construction of roads,… Read moreCMS: Romania – First steps to national and European transportation interconnectivity

CMS: Romania to speed up enforcement of DAB decisions related to trans-European transport infrastructure projects

On 18 March 2016, the Romanian government published Governmental Emergency Ordinance No. 7/2016 (“GEO 7”) in the Romanian Official Journal. GEO 7 applies to the trans-European railway, road, maritime and air transport infrastructure projects in Romania (“TETI Projects”), and sets… Read moreCMS: Romania to speed up enforcement of DAB decisions related to trans-European transport infrastructure projects

Neil McGregor works with The Ministry of Justice on Romania’s new Anti-corruption Strategy, as BRCC representative

Following the launch of consultations by the Romanian Ministry of Justice on Romania’s new Anti-corruption Strategy, Neil McGregor, managing partner of McGregor & Partners and Vice-Chairman of the British Romanian Chamber of Commerce (BRCC) met senior officials in the Ministry… Read moreNeil McGregor works with The Ministry of Justice on Romania’s new Anti-corruption Strategy, as BRCC representative