Raluca Tintoiu, the former head of NN Pensii, the company that received the biggest ever fine issued by Romania’s Financial Supervisory Authority (ASF), won the final battle in court against the authority.
ZRVP Advises ALRO on a USD 150 Million Syndicated Credit Facility Coordinated By EximBank
Senior Partner Ioana Racoți, partner Elena Iacob and senior associate Oana Dragomir were part of the legal team involved in the transaction
Teleworking and How It Can Help Attract Top Talent
What is the difference between telework and work from home? Why remote working helps attract and retain top talent.
How businesses adapt to remote work amid Covid-19
GEO 192 / 2020: Telework or Work from Home Become Mandatory
On November 6, 2020, Emergency Ordinance 192/2020 on Mandatory Organization of Work from Home or Telework during the Entire State of Alert became effective.
Amendments to Law 297/2018 on Land Book Registration System
On September 11, 2020, Law 196/2020 entered into force. It is the Law for amendment and supplementation of Law 297/2018 on Land Book Registration System and for abrogation of the Government Ordinance no. 89/2000 on certain measures for authorization of operators and registration with the Electronic Archive for Security Interests in Movable Property.
New measures regarding crowdfunding have been recently adopted by the European Parliament. The new framework is part of the capital markets union’s project which aims at providing an easier access to new financing sources.
EDPB Publishes Guidelines on the GDPR Concepts of Controller, Joint Controller and Processor
On September 2, 2020, the European Data Protection Board adopted guidelines on the concepts of “controller” and processor” under the GDPR, aiming to clarify these critical concepts by providing concrete examples with respect to each, and specify the consequences attached to the different roles.
EU Harmonizes Restriction Rules On Free Movement
The European Commission has proposed a series of recommendations aimed at ensuring equality and more predictable measures regarding free movement in the European Union.
How Does The “Kurzarbeit” Program Work in Romania?
The Romanian Government has recently adopted through an Emergency Ordinance an adapted short-time work scheme intended to keep businesses and jobs afloat.