Highly specialized advice in Regulatory & Compliance matters

Regulatory & compliance work is the backbone of any legal activity and has the potential of driving a business to success, providing strategic advantages in case it is properly observed and implemented. In a legal market such as Romania, where instability of the legal framework and lack of consistent case law are much talked about drawbacks, pragmatic, accurate and innovative legal advice may transform that which seems to be an impediment into sometimes striking success. Our firm has the ability to navigate you through the apparently cumbersome array of Romanian regulations and administrative practices in a clockwork manner that renders regulatory & compliance work an asset for your business.

Our lawyers have provided legal support on drafting and/or amending legislation in various areas of law (including by drafting and proposing amendments required for approximation of Romanian laws in line with EU Directives or for improvement of the foreign investment framework in various lines of business) and have assisted a wide array of clients in connection with compliance programs, permitting, investigations and other matters spanning numerous industries and areas of practice.

Highlights of the assignments which have been handled by our lawyers throughout their practice include advice and representation to:

• One of the largest European freight rail cars manufacturing business, with regard to full scope of day to day regulatory matters triggered by the production of rolling stock equipment;
• Several high profile companies, on all regulatory issues related to the sale, purchasing, development and operation of various green and conventional energy products;
• A leading tobacco products manufacturer, in connection with various regulatory aspects entailed by its day-to-day business;
• One of the largest mobile phones manufacturers, in relation to various regulatory matters entailed by the establishment and operation of a manufacturing facility in an industrial park;
• Various leading companies acting in the pharmaceuticals and healthcare field, in connection with numerous regulatory matters arising out of or in connection with their day to day activity;
• A large number of real estate developers, in connection with all regulatory aspects pertaining to property development and management;
• A Romanian authority involved in the gas field, in connection with the drafting of the enactments concerning its regulatory capacity;
• A Romanian association of medicine manufacturers, in connection with the assessment and proposed amendments to various enactments in the healthcare field;
• A Romanian central authority, in connection with the amendment of the legal framework governing a national oil company;
• One of the largest European electricity supply and distribution groups, on the adjustment of the relevant regulatory framework applicable to the privatization of two target companies;
• An international institution, in connection with a corporate governance country assessment program with a view to developing specific guidelines.

Publications

• Digital Operational Resilience Act or "DORA", March 2023 (ENG)
• Romania introducing the single industrial license, November 2022 (ENG)
• Energy sector updates, December 2021 (ENG)
• Romanian Customs Authority, December 2021 (ENG)
• European Banking Authority’s new Anti-Money Laundering provisions, September 2021 (ENG)
• Green light for developers of green power generation capacities, June 2021 (ENG)
• Romania: credit institutions’ amendments, approval and notification, February 2021 (ENG)
• Romania: banks’ authorization procedure, February 2021 (ENG)
• New regulations for the authorization of credit institutions, January 2021 (ENG)
• Electronic signatures in construction, architecture and urbanism, January 2021 (ENG)
• Romania: new licensing rules for activities in the energy field, December 2020 (ENG)
• The Romanian draft law on the authorisation of 5G technology manufacturers and its effects on competition: a challenge for mobile operators and competition regulators, September 2020 (ENG)
• The Romanian draft law on the authorisation of 5G technology manufacturers and its effects on competition: a challenge for mobile operators and competition regulators, September 2020 (RO)
• Implementing the EU’s NIS Directive in Romania, April 2020 (ENG)
• Key takeaways from the Romanian Data Protection Authority, April 2020 (ENG)
• Overview of the New Romanian Airline Code, April 2020 (ENG)
• ELKB Data protection: Romania transposes Directive (EU) 2016/680, January 2019 (RO)
• ELKB Data protection: Romania transposes Directive (EU) 2016/680, January 2019 (ENG)
• Life Sciences: product regulation and liability in Romania, Lexology Navigator, May 2018 (ENG)
• Romanian Public Authorities and Data Protection: Learning to Cope (ENG)
• Frail balance between privacy and confidentiality rights – BizLawyer, July 2015 (RO)
• ELKB Data Protection in Romania (ENG)

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