Changes to Anti-Money Laundering and Counter Terrorist Financing legislation

Summary: 1. Order No. 37/2021 on the implementing norms of Law No. 129/2019 for preventing and fighting money laundering and terrorist financing, as well as for amending and supplementing certain legislative acts, for reporting entities supervised and controlled by the… Read moreChanges to Anti-Money Laundering and Counter Terrorist Financing legislation

Approval of the rules regarding the granting of facilities in relation to the loans offered by credit institutions and non-bank financial institutions to certain categories of debtors

Decision No. 270/2020 for the approval of the Rules for the application of Government Emergency Ordinance No. 37/2020 on the granting of facilities in relation to the loans granted by credit institutions and non-bank financial institutions to certain categories of… Read moreApproval of the rules regarding the granting of facilities in relation to the loans offered by credit institutions and non-bank financial institutions to certain categories of debtors

Facilities regarding the repayment of loans granted by credit institutions and non-bank financial institutions to certain categories of debtors

Emergency Ordinance No. 37/2020 on the granting of facilities in relation to the loans granted by credit institutions and non-bank financial institutions to certain categories of debtors (“GEO 37/2020”) was published in the Official Journal of Romania on 30 March… Read moreFacilities regarding the repayment of loans granted by credit institutions and non-bank financial institutions to certain categories of debtors

APS acquire €1,3 billion NPL portfolios in Romania assisted by ȚUCA ZBÂRCEA & ASOCIAȚII

ȚUCA ZBÂRCEA & ASOCIAȚII assisted APS Holding a. s. (APS) to achieve the successful completion of the acquisition of two portfolios of non-performing loans (NPL) with the nominal value of €1.33 billion in Romania. The team of lawyers at ȚUCA ZBÂRCEA & ASOCIAȚII involved… Read moreAPS acquire €1,3 billion NPL portfolios in Romania assisted by ȚUCA ZBÂRCEA & ASOCIAȚII