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Articles, Banking and Capital Markets

Directive 2014/91/EU of the European Parliament and of the Council of 23 July 2014

14 The Directive amends Directive 2009/65/EC on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) as regards depositary functions, remuneration policies and sanctions. Extract from the Directive: “Article 1 Directive 2009/65/EC is amended as follows: (1) in Article 2(1), the following points are added: ˜(s) […]

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By : Jun 13, 2017 No Comment
Articles, Corporate Commercial and M&A

Council Directive 2014/86/EU of 8 July 2014

The Council Directive 2014/86/EU  of 8 July 2014 amends Directive 2011/96/EU on the common system of taxation applicable in the case of parent companies and subsidiaries of different Member States. Extract from the Directive: “Article 1 Directive 2011/96/EU is amended as follows:   (1) in Article 4(1), point (a) is replaced by the following: ˜(a) […]

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By : Jun 13, 2017 No Comment
Articles, Banking and Capital Markets

Commission Directive 2014/82/EU of 24 June 2014

The Directive amends Directive 2007/59/EC of the European Parliament and of the Council as regards general professional knowledge and medical and license requirements. Extract from the Directive: “THE EUROPEAN COMMISSION, Having regard to the Treaty on the Functioning of the European Union, Having regard to Directive 2007/59/EC of the European Parliament and of the Council […]

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By : Jun 13, 2017 No Comment
laptop lawyer property law
Articles, Banking and Capital Markets

VAT reform initiated by the European Commission

Among the updated Norms it will be supported more effectively the single market, it will be favored the cross-border trade and it will be developed the digital economy. The commissioner for economic and financial affairs, taxation and customs, Pierre Moscovici, declared that VAT is a major source of tax revenue for Member States of the […]

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By : Jun 13, 2017 No Comment
Articles, Corporate Commercial and M&A

ANCOM press release about the extension of the telephone, Internet and television Agreements

The Agreements for telephone, Internet and television services are extended, usually, either with automatically, for successive periods equal to the initial length of the agreement or for an indefinite period, without the need for a different proceeding from users or providers. Operators can offer the users additional benefits along with the extension (ie. cuts on […]

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By : Jun 13, 2017 No Comment
Articles, Dispute Resolution

Consumer Protection Law was amended, the new provisions containing drastic measures against companies who deceiving their customers

Through this law there also have been modified the provisions of Law No. 363/2007 on combating unfair trade practices of merchants in dealing with consumers and harmonizing regulations with the  European legislation on consumer protection, meaning that new articles have been introduced that provide the following: It was introduced art. 131 according to which “measures […]

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By : Jun 13, 2017 No Comment
Articles, Real Estate and Construction

Law regarding giving in payment of immovable property for redemption of obligations under loan agreements was adopted by the Senate

According to the legal provisions, notwithstanding the Civil Code, the consumer has the right to have his debt with all accessories, cleared at no extra cost, by giving in payment the mortgaged property in favor of the creditor, if the parties to the credit agreement do not reach any agreement. To benefit from the settlement […]

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By : Jun 13, 2017 No Comment
laptop lawyer property law
Articles, Corporate Commercial and M&A

CJEU. Commercial lease agreements. Right of the anchor tenant to prevent the lessor letting commercial premises to third parties

The request for a preliminary ruling has been made in proceedings between SIA ˜Maxima Latvija (˜Maxima Latvija) and the Konkurences padome (Competition Council) concerning a fine imposed by it on Maxima Latvija for having concluded a series of commercial lease agreements with shopping centres; those agreements containing a clause having an anti-competitive object. By its […]

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By : Jun 13, 2017 No Comment
Articles, Intellectual Property

Preliminary ruling regarding infringement of intellectual proprietary right

The preliminary question relates to art. 8 (1) of Directive 2004/48 / EC of the European Parliament and of the Council of 29 April 2004 on the enforcement of intellectual property rights, respectively “if it must be interpreted in the sense that we are in the context of proceedings concerning an infringement of an intellectual […]

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By : Jun 13, 2017 No Comment
laptop lawyer property law
Articles, Intellectual Property

It was published the final version of the law “Big Brother”. What is the time limit allowed to providers for data storage?

The law will come into force on 17.10.2015. According to this law, “traffic data relating to subscribers and users, processed and stored by the provider of a public electronic communication network service for the public, must be erased or transformed into anonymous data, then when are no longer required for the transmission of a communication, […]

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By : Jun 13, 2017 No Comment
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