ESG (Environmental, Social, Governance) or “the three pillars of sustainability: environmental, social, governance will drive a fundamental change in all areas, both for businesses and non-profit organizations (NGOs).
Changes Related to the Organization and Functioning of Companies
The new regulation proposes a unified approach to the registration process with the Trade Registry. The digitalization of the company’s incorporation process will have a significant impact especially among start-ups, the procedures before the Trade Registry becoming easily accessible, with the possibility to be carried out exclusively online.
New Rights to Improve Work-Life Balance, Flexible Work Arrangements and Transparent Working Conditions
Law no. 283/2022 for the amendment and completion of the Labor Code (“Law no. 283/2022”) is to enter into force, bringing important changes in the matter of labor relations.
Law no. 275/2022 on the rejection of Government Emergency Ordinance no. 37/2021 amending and supplementing Law no. 53/2003 – Labor Code has entered into force, so that all amendments to the Labor Code made by GEO no. 37/2021 are no longer valid starting with 6 October 2022.
The Commission adopted new proposals to revise liability rules to better answer technology progress and to ultimately boost economies.
How And When Employees/Former Employees Can Access Online Data from The General Register Of Employees (Revisal)
On September 26, Government Decision no. 1.164/2022 on the approval of the Procedure for online access by employees or former employees to the data in the general register of employees, the method of generating and downloading the extract, and the conditions under which the extract can prove work or specialization seniority was published in the Official Gazette (GD no. 1.164/2022).
182 Million Workers in Europe Are Set to Benefit from Extensive and Modernised Working Rights
By 1 August 2022, Member States must have transposed Directive (EU) 2019/1152 of the European Parliament and of the Council of 20 June 2019 on transparent and predictable working conditions in the European Union (the “Directive”) into national law.
New Changes to the Romanian Fiscal Legislation
Major news in all areas of taxation, including labor taxation.
Progress towards implementing the Whistleblowing Directive – an opportunity to ensure that people can expose abuses safely
The European Data Protection Board has recently proposed for public consultation the Guidelines on the use of facial recognition technology in law enforcement.

