by ACI PartnersCompetition and State Aid Legal Framework Consolidated
The regulatory framework on competition in Moldova has been recently strengthened through the efforts of the Competition Council. The regulatory acts were adopted in this field starting with 2012 have replaced all the old rules on protection of competition and created new legal institutions in the Moldovan law.We have already informed you on some of the new competition rules in our Quick...by ACI PartnersACI Partners MP joins Best Lawyers Advisory Board
Igor Odobescu, ACI Partners Managing Partner, is invited to join the Advisory Board of Best Lawyers. Best Lawyers Advisory Board brings together the leaders of many of the most distinguished law firms around the world and general counsel from Fortune 500 and Global 500 corporations.Such invitation is definitely a recognition of Igor Odobescu valued contribution with the innovative...by ACI PartnersThe culture of prompt payment in commercial transactions
“Delay is the enemy of progress” Eliot Spitzer Contemporary economic crises around the world, which affect purchasers’ ability to perform payments in due term, lay down a natural context for considering the issue of late payments. In fact, manufacturers and service providers, whose businesses are hindered because of delays in payments, are facing this issue quite often. 57%...by ACI PartnersCompetition Council Sets Out the Conditions for Non-Compete Obligations in Vertical Agreements
On 20 September 2013, the Regulation on Assessment of Vertical Agreements became effective. Among other novelties, the new Regulation, subject to certain conditions and requirements allows the use of certain non-compete obligations in vertical agreements.Non-compete obligations are quite popular with Moldovan business community, in particular in case of franchising or agency agreements....by ACI PartnersLegal Flash №11 of 10 September 2013
Recently, a set of laws, amendments and regulations have been passed among which new rules on circulation of state-owned property and new models of association of industrial enterprises (Clusters).Additionally, the Parliament approved a consolidated act on loan agreements with consumers and the National Bank passed regulations on payment cards and credit transfer. For more information...by ACI PartnersLegal Flash №10 of 16 August 2013
Tax legislation was amended referring to exemptions for the “Compact” Agreement, increase of excise duty on cigarettes, supplementing the rules on VAT Crediting and amending the requirements on fiscal invoices electronic registration. Furthermore, the National Bank of Moldova approved regulations on issuers of electronic money.For more information please see the...by ACI PartnersLegal Flash №09 of 02 August 2013
Moldovan Parliament has passed a law amending the Civil Code under which alienation of immovable property is now subject to mandatory notarization.National Bank of Moldova approved the draft of the operational framework of the National Payments Council aimed at facilitating efficiency of the payment system in Moldova. Furthermore, Strategies on counteracting anti-money laundering and...by ACI PartnersList of non-complying jurisdictions approved
The National Bank of Moldova has finally approved the list of jurisdictions which do not implement international standards of transparency. The National Bank was required to adopt and publish such list following the recent amendments of the Law on Financial Institutions, aiming at increasing the transparency of the national banking system (please see ACI Legal Flash No 7).The amended law...by ACI PartnersRenewable Energy Regulation in Moldova
Get your insight on Renewable Energy in Moldova. An overview of the Renewable Energy Regulation and investing incentives in Moldova is now available for download.Download attachments:RE_PowerPoint_PresentationDescarcăby ACI Partners