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15/03/2024
Real estate finance law in Romania
A. Real Estate Mortgages 1. Can security be granted to a foreign lender? Foreign corporate lenders are not restricted from taking mortgages over immovable property located in Romania. 2. Can lenders...
13/03/2024
Crypto Tax Legislation & Law in Romania
1. Is there a specific legislation issued for the taxation of crypto-assets or do general national tax law principles apply because the tax legislator has not regulated this so far? The Romanian Tax...
Comparable
12/03/2024
Revised European Commission Notice on the definition of the relevant market...
On 8 February 2024, the Commission adopted its revised Notice on the definition of the relevant market for the purposes of Union competition law. The objective of this Notice, which was the subject of...
12/03/2024
After EU Commission's first decision on Carbon Contracts for Difference,...
The European Commission approved the first Carbon Contracts for Difference (CCfD) scheme under the new Guidelines on State aid for climate, environmental protection and energy 2022 (CEEAG).Fol­low­ing the...
11/03/2024
Adoption of MiFID 3 and MiFIR 2 to enhance transparency on markets in financial...
On 8 March 2024, Regulation 2024/791 amending Regulation (EU) No 600/2014 (MiFIR) and Directive 2024/790 amending Directive 2014/65/EU (MiFID 2) on markets in financial instruments were published in the...
08/03/2024
EU takes stand against environmental crimes with new Directive
The escalating problem of environmental degradation is triggering a re-evaluation of our legal systems' effectiveness in preventing and justly sanctioning such harms. Now the EU has taken a significant...
07/03/2024
Practical guidance on how to assess the existence of aid for risk financing...
On 26 January 2024, the Commission adopted practical guidance for Member States on assessing the existence of State aid for measures aimed at facilitating access to financing for certain busi­nesses.Risk...
07/03/2024
Renewable energy in Romania
1. Introduction The last three years put Romania back on the map of the RES investments with an unprecedented appetite from global investors ( IPPs, PE funds, infra funds, institutional investors, utilities...
06/03/2024
Knowledge on information and communication technology and security are...
On 21 February 2024, the European Central Bank released a supervision newsletter on new policy / its expectation for more bank board expertise on information and communication technology (“ICT”) and...
06/03/2024
CMS wins strategic victory in front of the Ploiesti Court of Appeal on...
International firm CMS has achieved a strategic victory, successfully convincing the Ploiesti Court of Appeal to forward a plea of un­con­sti­tu­tion­al­ity to the Constitutional Court regarding the provisions...
05/03/2024
European Commission authorises EUR 550 million Italian hydrogen aid scheme
On 30 January 2024, the European Commission authorised an Italian hydrogen aid scheme with a budget of EUR 550 million under the Temporary Crisis and Transition Framework.The Green Deal industrial planThe...
05/03/2024
Domain names are assets that can be attached
On 16 January 2024, the Brussels Court of First Instance rendered an interesting decision about the right of a creditor to attach the domain names of his debtor and to sell them to the highest bidder.We...