Thought Articles

Considering the current state of affairs in CEE, market dynamics have shifted in terms of where investors are looking for safe investment opportunities, with some sectors seeing steadier capital flows...

Andersen's Corporate and M&A practice, through the member and collaborating firms of Andersen Global, has prepared this fifth edition of the European Corporate Insights' magazine. In this piece, focused on the Banking and Finance Industry, we address as principal topic "SANDBOX in Europe". The Magazine also covers one piece of opinion that on this occasion is "Approaching a Single EU FinTech Market."

Țuca Zbârcea & Asociații was invited to be the exclusive country contributor to the CEE Legal Matters Comparative Legal Guide: Competition 2021 for Romania. The firm has also co-edited the inaugural edition of the guide. The guide presents an overview of CEE's competition regimes. It includes an outline of the main competition pieces of legislation, any notable recent updates, the main concerns of the competition authority as well as its sanctioning record, how a leniency policy is applied and how unilateral conduct is treated in each country, an overview of relevant recent abuse cases, if and how State Aid can be obtained, as well as any major changes brought on by the COVID-19 pandemic in the field - and more!

Multilaw has published its new Global Data Protection Guide, which collects expert advice from Multilaw's member firms in over 50 jurisdictions globally. The guide provides answers to key issues concerning the fast-developing data protection and privacy laws around the world, and helps data protection officers and in-house counsel understand how the regulatory regime for data protection can affect their organizations in various jurisdictions.

This Article was originally published in Issue 6.8 of the CEE Legal Matters Magazine. Technology is part of our lives. And technological development leaves its mark on our lifestyle. We saw that in our own homes when we gave up our traditional landlines and used the fixed broadband Internet connection instead, at higher and higher speeds. We see that when exploring the ever-expanding features and options of our mobile handsets. We also see that while viewing high definition programs or when accessing digital interactive services through our TV sets, and when faced with the option of placing calls using traditional services or through new applications. We can see the technological development when rural areas have access to electronic communications and are thus able to reap the benefits of the digital economy.

Ever since they were made public, at the beginning of 2018, Council Implementing Regulation (EU) 2018/1912 and Council Directive (EU) 2018/1910 remained high on the agenda of each local tax conference. It is no wonder, as the two enactments introduce significant changes to intra-Community transactions - the so-called "quick fixes" to change the rules of the game as regards VAT exemptions for intra-Community supplies of goods, chain transactions and call off stock arrangements. In this context, with less than 3 months until enforcement, there is a growing interest of the business environment in relation to the quick fixes introduced by these enactments. This is good, as the changes are meant to render consistent and to streamline those rules which, due to a deficient harmonization among Member States, are now a cause for uncertainty. Nevertheless, as it almost always happens with tax changes, be it amendments of national or EU laws, quick fixes raise various questions particularly for the taxpayers.