The European Commission (EC) called on Romania on Friday to fully transpose directives regarding money laundering and the distribution of cross-border funds into its national legislation. Romanian authorities have exempted several categories of corporate and other legal entities from the obligation to declaring their beneficial owners to a central register, failing to comply with the anti-money laundering directive, the Commission said in a statement. The directive requires member states to ensure that corporate and other legal entities incorporated within their territory obtain and hold adequate, accurate and current information on their beneficial ownership, including the details of the beneficial interests held. Anti-money laundering rules are instrumental in the fight against money laundering and terrorism financing, and legislative gaps occurring in one member state have an impact on the EU as a whole, it noted. The Commission also urged Romania to update national laws removing regulatory barriers under the cross-border distribution of funds directive. The directive aims at removing regulatory barriers to the distribution of the collective investment funds, which is one of the objectives of the Capital Markets Union. These rules aim at increasing transparency and creating a single access to information on national rules related to marketing requirements, regulatory fees and charges levied by national competent authorities, the EC said. If Romania does not address these reasoned opinions in two months, the Commission will refer the case to the Court of Justice of the EU.
Roweb, compania românească din spatele software-ului nr.1 din Belgia în Real Estate În timp ce România continuă să importe mai mult decât exportă, companii locale precum Roweb demonstrează că soluțiile digitale și inteligența artificială pot echilibra balanța și pot pune țara pe harta inovației europene. AI made in Romania: de la cod la […]
Romania has significantly increased its separate collection of textile waste over the past decade, rising from just 48 tons in 2010 to 2,774 tons in 2022, according to data analyzed by Clean Recycle. Despite the progress, the country still collects only about 15% of the roughly 250,000 tons of textile waste it generates each year. […]
Romanian president Nicușor Dan and Secretary General of the North Atlantic Alliance, Mark Rutte, participated in the NATO Industry Forum 2025 in Bucharest on Thursday, November 6. During his speech, the president said that “rearmament is not a choice, it is a necessity” due to the many threats to peace. The Romanian president began his […]
Romanian renewable energy contractor Parapet said that it signed seven contracts with Alerion, an Italian player in the green energy sector, listed on the Milan stock exchange market. The solar projects - Sass Maor, Ambiez, Dănești, Sant’Agata, Torremaggiore, Gavorrano, and Grottole Verga - total nearly 80.8 MWp of installed capacity and will be carried out […]
The European Commission proposed the construction of high-speed railway lines between European capitals on Wednesday, November 6, including from Bucharest to Budapest, by 2040. The goal is to reach speeds of at least 200 kilometers per hour through the development of the lines. The plan includes high-speed sections on the lines Budapest –...
Health minister Alexandru Rogobete announced that his ministry is developing a new digital platform designed to gather real-time feedback from medical professionals and patients. In a message posted on social media, he said the initiative aims to bring decision-makers closer to those working in the healthcare system and to ensure that future reforms reflect their […]
