Best Financial Services Regulation Lawyers in Romania

Share your needs with us, get contacted by law firms.

Free. Takes 2 min.

Or refine your search by selecting a city:

ARSULESCU - LAW OFFICE

ARSULESCU - LAW OFFICE

15 minutes Free Consultation
Timișoara, Romania

Founded in 2015
12 people in their team
Romanian
English
Italian
French
We are a full service law firm, focused on results, promptitude and pragmatism.Our full-service law firm mainly carries out its activity in the following fields: Individual and Business Immigration Law, Labour law, Corporate Law and Criminal law. Our team consists of both young and experienced...
View profile
beyondlegal.ro | laurențiu-paul pop

beyondlegal.ro | laurențiu-paul pop

30 minutes Free Consultation
Timișoara, Romania

Founded in 2016
3 people in their team
Romanian
English
We are a team of lawyers and consultants dedicated to staying ahead of the curve in the ever-changing legal landscape, and our passion for law is evident in everything we do. With a sharp attention to detail and a drive to achieve results, we are the ideal partner for clients seeking effective and...
View profile
Iorgulescu-Legal

Iorgulescu-Legal

Bucharest, Romania

Founded in 2010
20 people in their team
English
Romanian
Spanish
French
About UsIorgulescu-Legal, situated in the heart of Bucharest, Romania, epitomizes excellence in legal service. Our firm is unwavering in its commitment to deliver superior legal counsel, specializing in Dispute Resolution, Immigration & Citizenship, and Corporate Law. Our distinguished team...
View profile
Avocat Roșu Claudiu

Avocat Roșu Claudiu

Brasov, Romania

Founded in 2000
10 people in their team
Romanian
English
About usThe Rosu Claudiu lawyer's office was established as a result of a decision by its owner to continue practicing in the legal field after a long collaboration with other professional lawyers. In our office, we offer professional legal services at the highest level, including assistance and...
Atrium Romanian Lawyers

Atrium Romanian Lawyers

30 minutes Free Consultation
Bucharest, Romania

Founded in 2005
10 people in their team
English
Our team of Romanian lawyers can offer  a wide range of  legal services in Romania, E.U.Whether you need legal advice, representation, or assistance in any area of law, we are here to help you.Our Managing Partner, J.D. Simona Rotaru is an experienced and qualified lawyer who has...
Covaci si Asociatii Societate Civila Profesionala de Avocati - Constanta

Covaci si Asociatii Societate Civila Profesionala de Avocati - Constanta

Constanța, Romania

Founded in 2000
10 people in their team
About usConsidering the long collaboration between partners of “COVACI and Associates” – Attorneys at law, since the academic period, the present formula of cooperation of associated lawyers covers a wide range of legal services, aiming at environmental law, real-estate, insurance law,...
Suciu & Associates

Suciu & Associates

Sibiu, Romania

Founded in 2000
50 people in their team
Romanian
English
ABOUT USWE ARE DEDICATED TO BECOME MORE THAN SIMPLE LEGAL REPRESENTATIVES.SUCIU & Associates is the first law firm founded in Sibiu. Due to the expertise and knowledge of our partners and associates, gained over the last decade, SUCIU & Associates has earned the reputation of being one of...
Lawyer Daniela Strungariu

Lawyer Daniela Strungariu

Iasi, Romania

Founded in 2020
3 people in their team
Romanian
English
D.M. Whatsapp: +40744479569Legal consultancy, assistance & representation in civil matters, commercial law, land & property law, contracts, establishment of companies in Romania & NGO.  Cabinetul de avocat Daniela Strungariu asigură asistența și reprezentarea Juridică în...
Cabinet de avocat Opriș Mihai-Daniel

Cabinet de avocat Opriș Mihai-Daniel

15 minutes Free Consultation
Sibiu, Romania

Founded in 2005
6 people in their team
Romanian
German
English
Law is a complex and indispensable element in everyday life, regardless of the activity we carry out. Whether we are talking about the establishment of a company or about a legal situation likely to create difficulties, it is advisable to contact people with training and experience in this field....
Cabinet Avocat Veriotti Maria

Cabinet Avocat Veriotti Maria

Constanța, Romania

Founded in 2000
10 people in their team
Romanian
English
VERIOTTI MARIALaw Firm | ConstantMARIA VERIOTTI law firm offers its clients legal assistance and representation in the following areas:Maritime lawPrivate international lawCommercial lawTax law VERIOTTI MARIALaw Firm | ConstantMARIA VERIOTTI law firm offers its clients legal assistance and...
AS SEEN ON

About Financial Services Regulation Law in Romania

Financial services regulation in Romania is a comprehensive framework that governs the operations, conduct, and integrity of financial institutions and markets within the country. This sector is primarily overseen by several key institutions, including the National Bank of Romania (NBR), which regulates banking activities, and the Financial Supervisory Authority (ASF), which oversees insurance, private pensions, and capital market sectors. These bodies aim to ensure transparency, stability, consumer protection, and the alignment of Romania's financial services industry with European Union directives and standards.

Why You May Need a Lawyer

Individuals and businesses may require legal assistance in the field of financial services regulation in numerous scenarios. Common situations include dealing with compliance issues, responding to regulatory investigations, addressing financial disputes, managing mergers and acquisitions, navigating licensing processes, or contesting sanctions imposed by regulatory authorities. A lawyer can help interpret complex regulations, provide strategic advice, represent clients in legal proceedings, and ensure adherence to all applicable legal requirements.

Local Laws Overview

Romania's financial services regulations are framed around several key legal statutes and European Union regulations. The primary legislation includes the Banking Law, the Capital Market Law, and the Insurance Law. Key aspects of these laws involve the regulation of financial products and services, anti-money laundering rules, capital adequacy standards, consumer protection measures, and transparency requirements. Compliance with these regulations is essential for the smooth functioning of financial institutions and for maintaining investor and consumer confidence.

Frequently Asked Questions

What is the role of the National Bank of Romania (NBR)?

The NBR is the central bank responsible for regulating and supervising the banking sector, ensuring financial stability, and implementing monetary policies.

What does the Financial Supervisory Authority (ASF) do?

The ASF oversees the insurance, private pensions, and capital markets sectors, ensuring their stability, transparency, and compliance with legal requirements.

How are financial disputes typically resolved in Romania?

Financial disputes can be resolved through negotiation, mediation, arbitration, or litigation in courts, depending on the nature and complexity of the issue.

What is involved in obtaining a financial services license in Romania?

Obtaining a license involves meeting specific regulatory requirements, submitting detailed applications to relevant authorities, and undergoing rigorous assessments by regulators.

What are the penalties for non-compliance with financial regulations?

Penalties for non-compliance may include fines, revocation of licenses, legal sanctions, or reputational damage, depending on the severity of the violation.

How does EU membership affect Romania's financial services regulation?

As an EU member, Romania aligns its financial regulations with EU directives and regulations, ensuring consistency and standardization across the region.

Are there specific consumer protection measures in financial regulations?

Yes, Romanian financial regulation includes consumer protection laws that ensure fair treatment, transparency, and disclosure by financial service providers.

How can financial institutions manage compliance effectively?

Financial institutions can manage compliance by developing comprehensive compliance programs, training employees, conducting regular audits, and working closely with legal experts.

Is it possible to challenge regulatory decisions in Romania?

Yes, decisions by regulatory authorities can be challenged through administrative appeals or litigation in courts, subject to stipulated legal procedures and timelines.

How important is legal advice when dealing with financial regulations?

Legal advice is crucial to navigating complex regulations, ensuring compliance, mitigating risks, and addressing legal challenges effectively.

Additional Resources

For more information and guidance, individuals and businesses can refer to the National Bank of Romania (NBR) and Financial Supervisory Authority (ASF) websites. These resources provide detailed regulatory guidelines and updates. Additionally, professional organizations such as the Bucharest Bar Association offer legal services and support in this field.

Next Steps

If you require legal assistance in financial services regulation, it is advisable to consult with a lawyer specializing in this area. Begin by researching potential legal experts, considering their experience, expertise, and client reviews. Schedule consultations to discuss your specific legal needs and develop a strategy that addresses compliance, risk management, and dispute resolution. A qualified lawyer will provide the guidance necessary to navigate the regulatory landscape effectively in Romania.

Lawzana helps you find the best lawyers and law firms in Romania through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Financial Services Regulation, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Romania—quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.