Client briefs
New rules for non-banking financial institutions
New guidelines on personal data processing at work
The focus on personal data protection is today at its peak, considering the upcoming replacement of the Data Protection Directive 95/46/EC (the “DPD”) with the General Data Protection Regulation 2016/679 (the “GDPR”), starting 25 May 2018. Opinion no. 2/2017 on data processing at work (hereinafter the “Opinion“)1, recently adopted by the “Article 29 Data Protection
Intellectual property & Technology | Copyright
In September 2016, the Court of Justice of the European Union (the ”Court”) ruled that a professional who offers free of charge access to a Wi-Fi network within its premises cannot be held liable for copyright infringements committed by users of that network. However, the professional may be required to put an end to, or
Reform of the European data protection rules
After more than four years of drafts and negotiations, the new EU data protection framework has finally been adopted. It takes the form of a General Data Protection Regulation (the “GDPR”)1 and a Data Protection Directive for Police and Criminal Justice Authorities (the “PCJA Directive”)2, both of them published on 4 May 2016 in the
Law regarding the recovery and resolution of insurance undertakings
The law regarding the recovery and resolution of insurance undertakings (the “IRR Law”) was published with the Official Gazette on 02 November 2015 and entered into force on 05 November 2015. In a nutshell, the IRR Law is meant to implement principles and tools similar to those applying to the recovery and resolution of credit
Labour law – Case of Bărbulescu v Romania
On 12 January 2016, the European Court of Human Rights (the “Court”) ruled that that there had not been a violation of Article 8 of the Convention for the Protection of Human Rights and Fundamental Freedoms protecting the individual’s private life in case of an employer monitoring the employee’s communications within the framework of disciplinary
Law on mortgage bonds
Law no. 304/2015 on mortgage bonds (the “Law”) was published with the Official Gazette on 4 December 2015 and will enter into force within 90 days as of its publication.
Law regarding the recovery and resolution of credit institutions and investment firms
On 03 December 2015, Romania’s President has promulgated the law regarding the recovery and resolution of credit institutions and investment firms (the “BRR Law”), transposing the Bank Recovery and Resolution Directive (the “BRRD”). The BRR Law is now pending publication with the Official Gazette and will enter into force within three days as of such