September 2025 “Privacy and AML, as part of the broader regulatory spectrum, are no longer niche concerns — they are at the core of efficient, forward thinking business operations. The challenge lies in making compliance both rigorous and practical.” Adela Nuță We are proud to share that Adela Nuță has been named Top Lawyer –…
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August 2025 by Adela Nuță At the beginning of July 2025, the Government of Romania released a draft decision regarding the National Strategy for the Prevention and Combating of Money Laundering and Terrorist Financing 2025–2030 (The Strategy). This strategic document is designed to reflect Romania’s international commitments in the AML/CFT field and comes in the…
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July 2025 A place is shaped by the people within it, just as people are influenced by the spirit of a place. When this dynamic is built on courage, agility, and the drive for excellence, the profession becomes more than a career—it becomes a way to understand, influence, and transform the reality around us. –…
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July 2025 BACIU PARTNERS has been awarded the Legal Regulatory Powerhouse special distinction at the 2025 Top Lawyers Gala, organized by Piața Financiară and FinMedia group, an event that celebrates outstanding achievements across the Romanian legal market. This is a special recognition of the firm’s ongoing commitment and proven results across regulatory-heavy practices, including AML,…
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May 2025 by Andrei Cosma & Adela Nuță In April 2025, the UK Gambling Commission released a comprehensive update on emerging money laundering and terrorist financing risks across the gambling sector that also outlines current threats and sets Commission’s clear expectations for how operators should respond to such. Although directed at licensed operators in Great…
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by Andrei Cosma and Cosmin Todirașcu Adequate regulation of crypto-asset usage is essential for ensuring market transparency and security. A significant step forward was also taken with the adoption of Emergency Ordinance No. 10/2025 (“GEO 10/2025“), that brings several changes to AML Law No. 129/2019, with the aim of aligning this piece of legislation with…
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March 2025 Gaming & TECH Summit 2025 | March 25-26, 2025 | Prague, Czech Republic In an era of rapid digital transformation and evolving tech ecosystems, compliance is no longer just a regulatory requirement—it’s a strategic necessity. As global and regional authorities tighten their grip on AML, KYC, audits, and taxation, businesses operating in tech, fintech, and gaming industries…
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February 2025 The Romanian gambling market has faced numerous challenges during the past years, with an increasing trend of legislative inflation affecting the industry from various (and, in some cases, unexpected) angles. Overall, several advantages support the conclusion that Romania is still a go-to jurisdiction for gambling companies. As highlights: Romania has one of the…
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January 2025 by Adela Nuță The Romanian version of the article is available HERE. The imperative to address the deficiencies identified by the Moneyval Committee in May 2023 and to align national legislation with international and European standards are the key drivers behind the recent initiation of significant amendments to the legal framework governing the prevention…
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September 2024 The iGaming community was reunited at the SiGMA East Europe Summit 2024, in Budapest between September 2 and 4, 2024. Andrei Cosma attended the Summit 2024 as one of the panelists in the group debating on “The Growing Eastern European gambling market and its opportunities”, a panel that covered market drivers, the implications of…
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