Currently, Law no. 361 of December 16, 2022, on the protection of whistleblowers, published in the Official Gazette of Romania no. 1218 of December 19, 2022 (“Whistleblowing Law”), also applies to private legal entities with at least 50 employees. The… Read moreIs whistleblowing still relevant for the private sector?
1. Introduction We are approaching a significant shift in the regulation of crypto assets and related services across the European Union, with the forthcoming unification under Regulation (EU) 2023/1114 of the European Parliament and of the Council of 31 May… Read moreTreatment of Staking under MiCA
Alpha Bank Romania announces the re-launch of the application, products and services taken over from Orange Money Romania under a new digital identity: “evrixa!”. Therefore, all customer interaction points – website, mobile app and direct communication – will reflect the… Read moreAlpha Bank Romania launches “evrixa!”, a new brand that includes Orange Money operations
International law firm CMS is pleased to announce the promotion of Andrei Cristescu (Dispute Resolution) to Counsel as of 1 July 2024. Based in the firm’s Bucharest office, Andrei joined CMS as an intern in 2006 and has become a… Read moreCMS announces the promotion of Andrei Cristescu to Counsel in its Romania Office
Băncilă, Diaconu și Asociații SPRL assisted Goodpack SARL (part of CEECAT Capital) in the acquisition of Paccor Romania SRL, being involved in all stages of the transaction and providing assistance in both the due diligence phase, as well as in… Read moreBăncilă, Diaconu și Asociații SPRL assisted Goodpack SARL (part of CEECAT Capital) in the acquisition of Paccor Romania SRL
We would like to bring to your attention the recent updates related to the RO e-Transport system: 1) It was clarified that E-transport is mandatory only for vehicles >=2,5 tons, carrying goods > 500 kg or > RON 10,000. 500 kg = net… Read moreRO e-Transport system updates
Introduction As days go by, artificial intelligence (“AI”) continues to delve into our daily life. It is one of the reasons determining the representatives of the European Union (“EU”) to become pro-active in regulating its use, in particular in relation… Read moreCracking the Code – Exploring AI Act for High-Risk AI Systems
That infringement concerns, inter alia, those agreements’ provisions on indemnification, and concerns the declarations that there was no conflict of interest on the part of the members of the team who negotiated the purchase of the vaccines In 2020 and… Read moreEGC. The Commission did not give the public sufficiently wide access to the purchase agreements for Covid-19 vaccines
Bytedance Ltd is a company which, via its subsidiaries, provides the online social networking platform TikTok. By decision of 5 September 2023, the Commission designated Bytedance as a gatekeeper pursuant to the Digital Markets Act (DMA)[1]. In November 2023, Bytedance… Read moreEGC. Digital Markets Act: The General Court dismisses the action brought by Bytedance (TikTok) against the decision of the Commission designating it as a gatekeeper
This article briefly presents the legal issues faced by EUDR, such as the fact that EU environmental policy shall be based on the precautionary principle, the principle that preventive action should be taken, and the principle that environmental damage should… Read moreEUDR does not comply with EU law
