Client briefs
Law no. 361/2022 on the protection of whistleblowers in the public interest
Law no. 361/2022 is one of the much-awaited legal novelties of the end of 2022. Its objective is to regulate the general framework for the protection of persons who report violations of legislation in certain domains, which occurred or are likely to occur, within public authorities and institutions, other public law entities, as well as
Government Emergency Ordinance No. 41/2022
As of January 1st 2023, the sanctions for failing to comply with the provisions of the Government Emergency Ordinance no. 41/2022 on the creation of the National System for monitoring the road transport of high fiscal risk goods enter into force. A. Status The Government Emergency Ordinance no. 41/2022 on the creation of the National
New Government Ordinance No. 18/2022 | Corporate Law | Romania
NEW GOVERNMENT ORDINANCE NO. 18/2022 PERTAINING TO THE AUTHORIZATION AND OPERATION IN ROMANIA OF REPRESENTATIVE OFFICES OF FOREIGN COMPANIES AND ECONOMIC ORGANIZATIONS The Government Ordinance no. 18/2022 pertaining to the authorization and operation in Romania of representative offices of foreign companies and economic organizations (the “GO no. 18/2022”), was published in the Official Gazette No.
New Law No. 265/2022 Replacing the Trade Registry Law No. 26/1990 and amending the Companies Law No. 31/1990
On 26 July 2022, Law No. 265/2022 regarding the trade registry and amending and supplementing other legal instruments applicable to the registration with the trade registry (“Law No. 265/2022”), including the Companies Law No. 31/1990 (“Companies Law”), was published in the Official Gazette No. 750/2022. I. Main amendments brought by the Law No. 265/2022 to
Implementation Of Regulation (EU) 452/2019
Publication in the Official Gazette of Government Emergency Ordinance no. 46/2022 on measures to implement Regulation (EU) 452/2019 of the European Parliament and of the Council of 19 March 2019 establishing a framework for the examination of foreign direct investment in the Union and for amending and supplementing Competition Law no. 21/19961. Publication in the
Decision no. 564 / 11 November 2021 entered into force on 24 December 2021
Decision for the approval of the Norms on the regulation, recognition, approval or acceptance of the procedure for the remote identification of persons via video means Decision no. 564 / 11 November 2021 issued by the Authority for the Digitization of Romania (the “Authority”) approving the norms on the regulation, recognition, approval or acceptance of
The amendments to the Government Ordinance no. 3/2021 entered into force
On 30 August 2021, the Government Ordinance no. 3/2021 for the amendment and completion of certain legal enactments in the field of public procurement, published in the Official Gazette of Romania, Part I, no. 821/27 August 2021, entered into force. The amendments brought by the Government Ordinance no. 3/2021 are aimed primarily at shortening
2021 Updates on Anti-Money Laundering
On 30 April 2021 several amendments1 to the Law no. 129/2019 on the prevention and combating of money laundering and terrorism financing (the “AML Law”) have entered into force. The main amendments to the AML Law include: • the obligation to submit the statement on the beneficial owners on an annual basis has been reinstated: