On August 1st, 2018, Protocol no. 16 to the Convention for the Protection of Human Rights and Fundamental Freedoms came into force. Romania is one of the State Parties who signed the Protocol no. 16, but did not yet ratify it, though in 2016 the Romanian Government released for public debate a draft bill to ratify the Protocol.
The Protocol provides the possibility for Romanian Constitutional Court, High Court of Cassation and Justice and courts of appeal to file requests to the European Court of Human Rights (ECHR) to grant advisory opinions on questions of principle relating to the interpretation or application of the rights and freedoms defined in the Convention or the protocols thereto.Read more
Innovation implies challenging the status quo. Such status quo, at least in densly regulated sectors like banking and finance, is often propped by standards and regulations intended to safeguard consumers' interests as well as the wellbeing (and stability) of the market.
However, hefty regulation often implies a barrier to entry for new undertakings, especially those working with edge technologies and innovatory concepts.
Regulatory sandboxes propose a temporary relaxation of such regulatory requirements, allowing innovating entrepreneurs a chance to develop products in strongly regulated sectors. As of late, fintech has become a common term.Read more
For the second consecutive year, Ștefan Botezatu was ranked, by Chambers, as being one of the best practitioners in Romania (Band 1) in Energy & Natural Resources. Clients’ opinion: "He has strong expertise in energy regulatory matters and we see him as a strategic asset for our team. He is an excellent closer and forward thinker."
La data de 5 martie 2018, Ministerul Justiției a lansat spre dezbatere publică un Proiect al Legii privind unele măsuri pentru aplicarea de către România a Regulamentului privind Parchetul European (EPPO).Potrivit Regulamentului, EPPO are competența materială de a investiga, de a urmări penal și de a trimite în judecată persoanele care săvârșesc infracțiuni ce aduc atingere sau sunt susceptibile de a aduce atingere intereselor financiare ale Uniunii Europene...Read more
Happy to have been a speaker to the Romanian Arbitration conference – our Managing Partner has delivered a speech on the new Romanian arbitration Rules – a comparative look with the ICC Rules.Read more
Our colleague Andrei Croitoru, Senior Associate at Botezatu si Asociatii will give a speech about “ Privilege against Self-Incrimination in Criminal Proceedings vs. The Conduct in Administrative Proceedings.”Read more