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Blog Bucharest
Knowledge is power – 5 ways to check who you are doing business with in Romania
Do you know if the signatory of the agreement has the legal authority to represent your business partner? How about if the asset that you wish to purchase or that may be mortgaged in your favour is ow …
Consequences of triggering corporate liability for corrupt practices – Myth or reality
Anticorruption is a hot topic in Romania these days. The latest news from the National Anticorruption Direction (“NAD”) shows that corruption affects both the public and the private sector. What will …
What a foreign investor should know about investing in Romania’s land market
The real estate market in Romania becomes increasingly attractive especially for foreign investors, such as investment funds, real estate developers, banking institutions, end-users and other entities …
The European Commission and the US shake hands and agree on transatlantic data flow and the implementation of EU-US Privacy Shield
Earlier this year in Strasbourg, the European Union together with the United States of America (“USA”) established a new framework for transatlantic data flows referred as – “Privacy Shield”. Privacy …
European Commission Launches a New on-Line Platform for Settlement Dispute Between Consumers and Traders
The European Commission launched on 15 February a new platform that allows consumers and traders to solve online disputes over a purchase made online. Basically, the disputes concerning purchases made …
Big news – the first conviction in the UK for failing to prevent foreign bribery
Earlier this week I had the pleasure of speaking on the same conference panel as an American attorney who also specialises in compliance and anti-corruption work. He told me that clients and potential …
Anti-corruption protection measures which need to be implemented by companies in Romania
2016 has started as 2015 finished, with more reports of the investigation of corruption in Romania and high-profile arrests. Bribery and corruption, of course, are always done by other people and it i …
Romanian Constitutional Court decides an important legal modification: the Union leaders can be dismissed.
Bucharest, 18 January 2016 At the end of last year, the Constitutional Court decided that the interdiction to dismiss the employees in eligible positions in a trade union body breaches the constitutio …
“It won’t happen to me….”
The arrival of enforcement of the corporate offence of failing to prevent bribery. By Neil McGregor, Managing Partner of McGregor & Partners and Vice-Chairman Elect of the BRCC 9 December was Inte …
McGregor & Partners announces the EU legislation applicable to Google regarding the use of cookies
In consideration of the numerous decisions against Google regarding the use of cookies in the European Union, the company aligns with the European legislation in this field. Thus, Google has sent a le …