American and Romanian experts from the public and the private sector met on November 6 and 7 in Brasov to discuss the key trends in complex financial investigations and money laundering mechanisms, in an event organized by the U.S. Department of Justice's Office of Overseas Prosecutorial Development, Assistance and Training (OPDAT) and the National Anticorruption Directorate, the U.S. Embassy informed in a release.According to the cited source, the meeting highlighted the cooperation between the United States of America and Romania in combating transnational financial crimes, and identified possible areas of cooperation with the law enforcement agencies from both countries.U.S. ambassador Kathleen Kavalec expressed appreciation for the high level of cooperation between the U.S. and Romania in combating financial crime, for the effective prevention of fraud and for strengthening citizen security, emphasizing that law enforcement cooperation represents a consolidation of the shared democratic values, especially of the rule of law.The United States and Romania are committed to working together to combat transnational financial crime and corruption and to ensure that the proceeds of crime are returned to victims, regardless of whether they are individuals or citizens of our nations, said Peter Halpern, Resident Legal Advisor with the U.S. Embassy, U.S. Department of Justice/OPDAT.The conference program included six sessions in which experts discussed financial crime patterns, money laundering included, participated in interactive debates, and also presented case studies and real work scenarios. The participants exchanged best practices, shared key lessons learned and identified current trends in complex financial investigations. (Photo:https://www.facebook.com/bucharest.usembassy)
2024 is almost over, and before making any predictions, hopes or wishes for 2025, I will take this moment to look back and remember the pics that stayed with me most in the past months. I will try to go in the order that I watched each, and I also included all trailers below […]
Update: The government will pass the ordinance covering measures aimed at reducing public spending and the budget deficit, prime minister Marcel Ciolacu announced. The PM said the country was facing “a difficult year ahead” and “we must quickly adopt measures that will protect Romania from possible major financial risks.” The tax on special constructions, which […]
The Government is scheduled to meet on Monday, December 30, to discuss the emergency ordinance covering measures aimed at reducing public spending and the budget deficit. The Ministry of Finance published the draft ordinance on Sunday, December 29. It is available here. Among the measures included in the draft ordinance, also known as "the austerity […]
Romania’s Ministry of Finance (MF) raised RON 2.6 billion (EUR 523.1 million) through its sixth Fidelis government bond issuance of 2024, setting an annual record of RON 16.4 billion...
UniCredit Bank, one of Romania's leading financial institutions and a member of the UniCredit Group, has announced the listing of a new corporate bond issue worth RON 750 million (EUR 150 mln) on the Bucharest Stock Exchange (BVB). The bonds, issued under the ticker symbol UCB29, are set to mature on November 22, 2029. The […]
Another cinema that once belonged to the state-owned film distribution company RADEF has been refurbished and is scheduled to open in Timișoara in early 2025. The cinema is named Johnny, a nod to actor Johnny Weissmüller, known for playing Tarzan in twelve feature films from 1932 to 1948. Weissmüller was born in Freidorf, a village […]
