“It is our pleasure to announce the promotion of Mariana Signeanu to Partner within our firm’s Banking and Finance practice”, declared Gelu Goran, Co-Managing Partner with Biriș Goran, adding that “it is a well-deserved promotion and a recognition of her… Read moreMariana Signeanu is the new Partner with Biriș Goran
Țuca Zbârcea & Asociații advised CEZ on selling part of its Romanian assets to an Australian funds manager CEZ Group has completed the sale of its Romanian assets to funds managed by Macquarie Infrastructure and Real Assets (”MIRA”). The assets… Read moreȚuca Zbârcea & Asociații advised CEZ on selling part of its Romanian assets to an Australian funds manager
Dentons, the world’s largest law firm, has grown its Bucharest office by 40%, with the addition of ten new lawyers, strengthening the key practice areas of M&A, capital markets, banking, real estate and competition/compliance. Perry Zizzi, Managing Partner and Head… Read moreDentons hires 10 lawyers in its Bucharest office
1. Introduction In follow-up to our summary regarding the preliminary evaluation for the banks’ authorisation, as detailed in Regulation no. 12/2020 on the authorization of credit institutions and amendments pertaining to the same (“Regulation 12/2020”), and our summary regarding the… Read moreNew regulation for the authorization of credit institutions – amendments approval and notification
1. Introduction In follow-up to our summary regarding the preliminary evaluation for the banks’ authorisation, as detailed in Regulation no. 12/2020 on the authorization of credit institutions and amendments pertaining to the same (“Regulation 12/2020”), we will shortly review below… Read moreNew regulation for the authorization of credit institutions – banks’ authorization procedure
The COVID-19 crisis is expected to accelerate the consolidation of the banking sector in the Central and Eastern Europe (CEE) in the following years, as smaller players might not be able to weather the profitability and capital challenges, according to… Read moreDeloitte study: the COVID-19 crisis will accelerate the CEE banking sector consolidation; Romania had one of the largest number of banking transactions in the region
As per the provisions of Emergency Ordinance no. 111/2020, beginning 11 January 2021, the National Agency for Fiscal Administration (“ANAF”) has started the operationalization of the Central Electronic Registry (“CER”) for the bank accounts and payment accounts identified through IBAN…. Read moreANAF has started the operationalization of the Central Electronic Registry
