The obligation to implement the anti-money laundering policy in a company In contemporary society, the prevention and combating money laundering in Romania have become increasingly important. The legislative framework, specifically the Romanian Law No. 129/2019 on preventing and combating money…
Corporate Governance in Romanian Companies Corporate governance compliance in Romania represents a set of rules, practices, and processes that regulate the management and supervision of a company in Romania. The concept of “corporate governance” aims at balancing the interests of…
According to the civil code, the private property right in Romania includes in its contents the right of possession, use and disposition of an exclusive, absolute and perpetual good, within the limits established by law. In the case of an…
The Romanian legislation provides a series of rules and obligations on the Romanian administrator regarding the conduct of his activity. According to the legislation in force, in Romania, the directors (called administrators in Romania) are personally responsible and liable for…
According to the provisions of the Romanian Insolvency Law no. 85/2014, the persons that are responsible for the insolvency/ bankruptcy of the legal person are the members of the management and / or supervisory bodies of the company, directors or…
In the context of technological development and the appearance of various social networks that are expanding and monopolizing our lives, the criminal phenomena has also increased accordingly to the development and improvement of various methods that are materialized in computer…
The persons expressly designated by the patient are the relatives and friends of the patient, but only if the patient has agreed to this regard. In the old regulations, in the event of discharge, the patient was entitled to request…
The law was amended for the need to facilitate the access of Romanian citizens abroad to effective and efficient public services from the Romanian state in the context of computerization of the consular procedures performed by diplomatic missions and consular…
Art. 6 of Law no. 241/2005 provides that “is an offense and is punishable by imprisonment from one year to six years detention withholding and not submitting, intentionally, within 30 days of the due date, the amounts representing taxes or…
Regarding this exception of unconstitutionality, the Constitutional Court decided on admission of it and found that the provisions of art. 52 paragraph (1) letter b) first sentence of Law 53/2003 – Labor Code are unconstitutional. According to the existing provisions…
