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)
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
