The Law No. 299/02 December 2024 amending and supplementing the Company Law No. 31/1990, was published in the Official Gazette No. 1212/03 December 2024 and entered into force on 6 December 2024. The following main amendments were brought: there is no longer mandatory…
On Sunday, September 22, 2024, the Bucharest Bar Association celebrated its 193rd anniversary, marking the occasion with a festive event that featured three main moments: a roundtable discussion on the topic “Current Issues and Perspectives in the Legal Profession. Artificial Intelligence – A Challenge?”, a…
1. Overview National Authority for Consumer Protection (ANPC) issued on May 14, 2024 an order (” Order 539/2024”) aiming to ensure that consumers are accurately informed when pre-packaged products experience a reduction in volume or weight while the price remains unchanged. Order 539/2024 was published…
On 13 August 2024, Law no. 243/2024 on Consumer Protection regarding the Total Cost of Credit and the Assignment of Claims (“Law no. 243/2024“) was published in Part I of the Official Gazette of Romania no. 807 and it is set to come into force…
The transposition of the updated Directive (EU) 2022/2555 on measures for a high common level of cybersecurity across the Union (the “NIS2 Directive“) is underway in Romania as well. Member states have until October 17, 2024, to incorporate the directive into their national legislation. In…
The enactment of Law no. 214/2024 on the use of electronic signatures, timestamps, and the provision of trust services based thereon (“Law no. 214/2024”) marks a significant advancement in the Romanian legislation. It aims to establish a clearer and more predictable legal framework for the…
On 12 July 2024, Regulation (EU) 2024/1689 laying down harmonised rules on artificial intelligence (the “AI Act”) has been published in the Official Journal of the European Union (the full text of the AI Act is available here). The AI Act is a pioneering regulation…
Opinion 11/2024 of the European Data Protection Board on the use of facial recognition to streamline airport passengers’ flow On 23 May 2024, the European Data Protection Board (the EDPB) issued an opinion regarding the use of facial recognition technology in airports to streamline…
European Union (EU) landmark court decision regarding copyright for AI-generated works In a recent landmark decision, the Municipal Court of Prague ruled that an image created by an AI tool cannot be protected by copyright because it lacks a natural person as its author.…
The Order No. 377/2024 of the National Institute of Statistics updating the Classification of activities of the national economy – CAEN (the “Order No. 377/2024”), was published in the Official Gazette No. 385/25 April 2024 and shall enter into force on 1 January 2025. This…
On 9 April 2024, the Chamber of Deputies, acting as the decision-making body, adopted the legislative proposal to amend Article 30 of Law No. 51/1995 on the organization and practice of the profession of attorney-at-law and Article 451 of Law No. 134/2010 on the Civil…
Law no. 50/2024 on establishing measures for the application of the Regulation of the European Parliament and of the Council of 19 October 2022 on a single market for digital services and amending Directive 2000/31/EC (the “DSA”), as well as on amending and supplementing Law…
1. The European Commission’s decision: According to a press release published on 06 March 2024, the European Commission has given its prior approval to a Romanian aid scheme aimed at supporting installations that generate electricity from onshore wind and solar photovoltaic power plants. The official…
Status: During the session of the Government of Romania on 28 February 2024, the Government of Romania adopted the government emergency ordinance concerning credit administrators and credit purchasers (”GEO”). The GEO will come into effect only after its publication in the Official Gazette of Romania.…
1. General Aspects The Chamber of Commerce and Industry of Romania (”CCIR”) has published in the Official Gazette of Romania no. 77 of 29 January 2024 the Regulation no. 27 of 6 December 2023 regarding the approval, supervision, control and sanctioning of the activity of…
Romania is in process of passing the law for the ratification of the Agreement on a Unified Patent Court The Agreement on a Unified Patent Court[1] (the “UPC Agreement”), together the two EU regulations setting up the Unitary Patent (Regulations (EU) No 1257/2012 and (EU)…
On 25 January 2024, the Order of the President of the National Authority for Consumer Protection no. 225 of 25 April 2023 regarding the information provided to consumers by economic operators conducting business online (hereinafter referred to as the ”Order no. 225/2023”) entered into force.…
Leroy și Asociații, a law firm with over 25 years of experience in the Romanian market, announces the promotion of four lawyers: Adriana Spătaru – Counsel (Real Estate / IP), Cristian Bumbac – Senior Associate (Banking & Finance), Mihnea-Ioan Rațiu – Senior Associate (Energy and…
During the year 2023, the Romanian Criminal Code has been marked by several amendments, both in its general and special sections. We present below certain of the most important changes that the Criminal Code has undergone during the previous year: a. The general section of…
The main breaches of the Regulation (EU) No. 679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing…