RECOGNIZING COPYRIGHT PROTECTION OF FICTIONAL CHARACTERS IN ROMANIA
1. Introduction Before the advent of cinematography, fictional characters were portrayed in literature and the traditional visual arts, such as painting and sculpture.
ADDITIONAL AMENDMENTS TO THE ROMANIAN FISCAL CODE
1. Introduction The beginning of 2021 seems to be under the auspices of numerous amendments incurred to the Law no. 227/2015 regarding the fiscal code (the “Fiscal Code”).
NEW REGULATION FOR THE AUTHORIZATION OF CREDIT INSTITUTIONS – AMENDMENTS APPROVAL AND NOTIFICATION
1. Introduction In follow-up to our summary regarding the preliminary evaluation for the banks’ authorisation, as detailed in Regulation no. 12/2020 on the authorization of credit institutions and amendments pertaining to the same (“Regulation 12/2020”), and our summary regarding the information and documentation to be submitted by a bank in order to obtain authorisation from …
EUROPEAN UNION’S NEW CYBERSECURITY STRATEGY
Background Cybersecurity is at the forefront of the European Union (“EU”)’s efforts to build a resilient, green and digital Europe. In this respect, on December 16, 2020, the European Commission and the High Representative of the Union for Foreign Affairs and Security Policy presented the European Union’s new Cybersecurity Strategy for the Digital Decade[1] (the …
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NEW REGULATION FOR THE AUTHORIZATION OF CREDIT INSTITUTIONS – BANKS’ AUTHORIZATION PROCEDURE
Introduction In follow-up to our summary regarding the preliminary evaluation for the banks’ authorisation, as detailed in Regulation no. 12/2020 on the authorization of credit institutions and amendments pertaining to the same (“Regulation 12/2020”), we will shortly review below the information and documentation to be submitted by a bank in order to obtain authorisation from …
NEW REGULATION FOR THE AUTHORIZATION OF CREDIT INSTITUTIONS – PRELIMINARY REQUIREMENTS FOR AUTHORIZATION
Introduction Regulation no. 12 of December 18, 2020 on the authorization of credit institutions and amendments pertaining to the same (the “Regulation 12/2020”) issued by the National Bank of Romania (the “NBR”) was published in the Official Gazette no. 1291 as of December 2020 and is applicable starting with the same date.
ROMANIA: COPYRIGHT PERSPECTIVE – LEGAL NATURE OF VIDEO GAMES
Introduction Video games are a form of modern art and certainly number among the most recent forms of creative arts[1]. The major difference between video games and traditional art is the active, rather than passive, participation of the recipient of the art in the process of its delivery. With over 100 active development studios, the …
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THE USE OF ELECTRONIC SIGNATURE IN THE FIELDS OF CONSTRUCTION, ARCHITECTURE AND URBANISM
Background The last few months have been marked by the challenges caused by the coronavirus pandemic which made obviously the need for digitalization and led the competent authorities to adopt several measures in this regard.
OVERVIEW ON THE NEW AMENDMENTS TO THE ROMANIAN FISCAL CODE
Introduction Law no. 296 of December 21, 2020 for the amendment and completion of Law no. 227/2015 regarding the Fiscal Code (the “Law no. 296/2020”) brought a series of beneficial changes to the business environment, applicable starting with January 1, 2021.
HOW TO KEEP YOUR DATA SAFE IN THE NEW DIGITAL EMPLOYMENT ENVIRONMENT
Introduction Using the digital environment for work related activities entails risks that are enhanced by the continuous digitisation of the society. Such risks include an increase in the number of cyberattacks that can lead to security breaches, including personal data breaches.