56% of companies are worried about increased cyber-attacks and their impact on business development, according to EY Global Information Security Survey (GISS) The corporate world has recently become more aware of and responsible towards IT failure. We specifically...
On 14 July 2017, the Managing Board of ICI-Bucharest (National Institute for Research and Development in Informatics) approved the introduction of a service for annual registration and maintenance of “.ro” domains. What does that mean? While until now any...
The year 2017 was one when many changes were proposed by the Government, but these changes were not always implemented. Some important changes in the field of taxation have taken place however and will take effect from 1st January 2018. I set out below some of these...
Tempus Fugit. This maxim time flies is one which all lawyers especially Romanian lawyers are well aware of. We were recently concerned with this in relation to a Foreign client and it made us realize the difference in approaches by Civil law lawyers and Common law...
Risk management is at the core of how insurance companies drive their business. Following the Solvency 2 Directive, which governs the EU insurance market, risk management has become an even more important part of the decision-making and organizational process of any...
As of the 25th of May 2018, all companies worldwide that store and process data about EU citizens will be required to comply with GDPR. This is a new mandatory regulation for the protection of individuals in the EU, with regard to the processing or free circulation of...
