Clarifications on Whistleblower Protection and Internal Reporting Channels in Corporate Groups
The EU Commission’s Whistleblower Protection Expert Group (the “Expert Group”) has shed light on the requirements for internal reporting channels in corporate groups, by interpreting several debatable provisions of Directive (EU) 2019/1937 On Whistleblower Protection (the “Directive”). These interpretations, while non-binding, provide valuable guidance for Romania, ensuring compliance with the principles of the Directive. Understanding […]
PETERKA & PARTNERS Romania provides tailored legal assistance in respect of implementing the whistleblowing policy
Our Romanian office is proudly providing legal advice to the local entities of a highly reputable company which has been successfully operating on the footwear and clothing market in the CEE region for 30 years, one of our long-term important clients, with regard to the implementation of the whistleblowing policy. Our tailored assistance consists in […]
Legal updates impacting Romanian citizenship law
Currently, the procedure and requirements for obtaining and regaining Romanian citizenship is regulated by Law no. 21/1991 on Romanian Citizenship (hereinafter referred to as “Law no. 21/1991”). Law no. 21/1991 sets the general framework, establishing that Romanian citizenship can be obtained by birth (ius sanguinis being the applicable principle of nationality law), by adoption, or […]
New rules increase consumer protection in regards to total cost of credit in Romania
Law 243/2024 on Consumer Protection in regards to the Total Cost of Credit and the Assignment of Receivables (“Law 243”) was published in Official Gazette no. 807/13.08.2024 and shall enter into force 90 days from the date of publication. This law applies to legal relationships between consumers, non-banking financial institutions, and entities engaged in debt […]
EU AI ACT AND ITS IMPACT ON AI-DRIVEN BUSINESSES: KEY DATES & TAKEAWAYS
PETERKA & PARTNERS Romania is pleased to inform you about an important legislative update connected to artificial intelligence. On July 12, 2024, the EU AI Act was published in the Official Journal of the European Union, establishing harmonized rules on artificial intelligence. The Act will come into force 20 days after publication, making August 1, […]
We’re thrilled to announce the launch of the Data Protection Guide by ILN!
Authored by the team of cybersecurity and data privacy experts, this comprehensive resource is designed to provide invaluable insights into data protection regulations across multiple jurisdictions. Covering a wide array of topics, including governing legislation, scope of application, legislative framework, requirements for data processing, rights and duties of data providers, regulatory authorities, consequences of non-compliance, […]
Romanian companies must meet RO e-Transport reporting obligations
The RO e-Transport monitoring system emerged in the second half of 2022, when Romania implemented it through Government Emergency Ordinance No. 41/2022 (“GEO no. 41/2022”) as a system initially designed to combat tax evasion by monitoring the transport of goods with high fiscal risk (RO e-Transport). The categories of road vehicles subject to monitoring in […]
Individually informing and consulting workers in event of collective redundancies is not an option under EU case law
The Court of Justice of the European Union has recently issued a preliminary ruling, in the case C-496/22, relating to the employer’s obligation in case of collective redundancies, as far as informing and consulting workers is concerned, if the employees do not have representatives appointed. The request for a preliminary ruling concerns the interpretation of […]
Comprehensive legal advice on advertising campaigns provided by our Romanian team
PETERKA & PARTNERS Romania provided legal advisory services to the local subsidiary of a well-known international manufacturer of skylights and one of our long-term important clients, in relation to the implementation of various marketing campaigns. Our tailored assistance consisted in providing advice on the relevant applicable legislation on promotional campaigns, advice on relevant data protection […]
Succesful asisstance regarding a recent market entry in Romania, provided by our Bucharest office
PETERKA & PARTNERS Romania provided legal assistance to a consultancy and advisory group focused primarily on legal requirements on EU market in case of products (articles), mixtures and chemical substances, hazard and risk assessment in connection with its entry onto the Romanian market by means of incorporation of a limited liability company. Our assistance consisted […]