Client briefs
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:
New Legislative Changes on Kurzarbeit and Financial Support for Telework
On December 9, 2020, the Law no. 282/2020 for the approval of the Government Emergency Ordinance no. 132/2020 on support measures for employees and employers in the context of the spread of SARS-CoV-2 coronavirus, as well as on encouraging employment (hereinafter referred to as the “Law no. 282/2020”) was published in the Official Gazette of
Amendments to the Law on the acquisition of agricultural lands
Law no. 175/2020 published with the Official Gazette no. 741 / 14 August 2020 (the “Law”) amending law no. 17/2014 on the sale and purchase of extra muros agricultural lands (the “Law no. 17/2014”) entered into force on the 13th of October. Click here to read the full Brief
Important amendments to Companies Law
The Law No. 223/2020 for the simplification and de-bureaucratization of the transfer of shares in limited liability companies and of the payment of the share capital, has been published in the Official Gazette of Romania No. 1018/2 November 2020 and enters into force on 4 November 2020 (“Law No. 223/2020”). Click here to read the