Legal Alert January 2020

GENERAL

Government Regulation No. 71 of 2019 dated October 10, 2019 regarding the Implementation of Electronic System and Transactions. This Regulation revoked Government Regulation No. 82 of 2012 dated October 15, 2012 regarding the same topic. It introduces several changes and new provisions in connection with the implementation of an electronic system and transactions, the most significant of which include (i) the classification of electronic system operators ("PSEs"); (ii) the responsibilities of PSEs; (iii) data privacy provisions; (iv) the removal of electronic data and/or documents; (v) electronic certification administrators; (vi) access termination; and (vii) protected strategic electronic data. This Regulation came into effect on the date of its issuance, but PSEs have one year to comply with registration requirements and Public PSEs have two years to comply with all requirements under this Regulation.