The European Commission decided on Thursday to initiate an infringement procedure by sending an official letter of formal notice to Romania and an additional letter of formal notice to Slovakia for incorrect transposition of the 4th and 5th Anti-Money Laundering Directive 2008/98/EC (4th and 5thAMLD), according to a statement issued by the EU executive.Romania and Slovakia have notified full transposition of the Directive. However, the Commission has identified several cases where the Directive has not been correctly transposed into national law. In the case of Romania, this failure affects, among other things, fundamental issues such as the existence of an effective penalty regime when incorrect data are entered in the national register of beneficial owners.Anti-money laundering regulations are essential in the fight against money laundering and terrorist financing. Legislative loopholes that occur in one Member State have an impact on the EU. EU rules should therefore be effectively implemented and supervised to fight crime and protect our financial system, says the European Commission.In the absence of satisfactory replies from Romania and Slovakia within two months, the Commission may decide to continue the infringement procedure and send a reasoned opinion.
Janiva Magness, the winner of seven Blues Music Awards following 26 nominations, and nominated for a Grammy for a career spanning 17 albums, is set to perform at the 14th edition of the Brașov Jazz & Blues Festival, which will take place between August 14–16, 2026. Magness is one of the most valuable and influential […]
Auction house Artmark announced a major auction for this winter featuring an engraving created by Francisco Goya, the most important Spanish artist of the late 18th and early 19th centuries. Romania's late communist leader Nicolae Ceaușescu received this gift from King Juan Carlos I as a gesture of diplomacy. The engraving entitled “The Engagement – Capricho […]
Authorities managing Romania's Bicaz Gorges–Hășmaș National Park has built a fish ladder system on the Bicaz River, which will allow protected species to migrate and reproduce. There are several bridges and small bridge structures in the Bicaz River that have a “bottom sill,” meaning small waterfalls. Fish that do not jump like the trout cannot […]
The far-right opposition parties in the Romanian Parliament are set to file a motion of no confidence against the government headed by prime minister Ilie Bolojan. The motion, authored by senator Ninel Peia of the Peace – Romania First group, is specifically aimed at the reformist party Save Romania Union (USR), and is entitled “Romania […]
Romania's iconic rock singer Adrian Pleșca, known as “Artan,” died on Tuesday, December 2, after a fatal stroke, at the age of 64. The artist founded the well-known band “Timpuri Noi” in 1982 and “Partizan” in 2001, and was popular on the Romanian rock scene. Over the years, he left and returned to the two bands. Several […]
Elon Musk's mother, Maye Musk, re-shared a post about the Craiova Christmas Market on X on Monday, December 1. She described the event as "beautiful" and included three emojis in her caption. The original post highlighted that the Craiova Christmas Market was taking place in a safe environment. "No concrete barriers. No armed guards. No […]
