PNSA advised Libra Internet Bank on its innovative partnership with Monese that enables Monese to offer RON denominated accounts to its Romanian customers. PNSA’s advice concerned regulatory matters, mainly in relation to KYC, AML, electronic money and other Fintech related… Read moreLibra Internet Bank and Monese launch Romanian IBAN accounts in RON
The most exposed to fraud and corruption are companies acting in the first line of fighting with the COVID-19 outbreak. In the middle of a crisis such the current one, companies face various unforeseeable challenges. And although at this moment… Read moreAnti-corruption compliance concerns & best practices in time of COVID-19
The National Bank of Romania (“NBR”) together with the Romanian Government have responded swiftly to the economic shock created by the COVID-19 pandemic by announcing several measures aimed to alleviate the adverse impact of COVID-19 on individuals and small &… Read moreMeasures to mitigate the negative impact of COVID-19. Deferral of loan payments
Introduction As the negative consequences of COVID-19 continue to expand, companies are facing various demanding challenges, one of them being related to the organisation of the Annual General Meetings of the Shareholders (“AGMS”). Considering that the following two months overlap… Read moreThe aftermath of COVID-19 outbreak – Practicing social distancing during the annual general meetings of the shareholders of listed companies
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
POPOVICI NIȚU STOICA & ASOCIATII advised Dedeman, the biggest Romanian entrepreneurial company with a turnover above €1bn, on the acquisition of The Office, a landmark project in Cluj-Napoca, in probably the largest office transaction outside Bucharest, from NEPI Rockcastle and… Read moreDedeman acquires The Office in Cluj-Napoca in probably the largest office transaction outside Bucharest
