Law No. 278 approving Ordinance No. 10 on Reorganization and Winding-Up Proceedings of Credit Institutions

Romania

(enacted in 2004)

Law No. 278 approving Ordinance No. 10 on Reorganization and Winding-Up Proceedings of Credit Institutions makes some amendments and supplements.

Relevant amendments and supplements cover the following topics:

  • Definition of interim administrator;
  • Participants of winding-up proceedings of credit institutions, and their tasks and responsibilities;
  • Powers of National Bank of Romania; and
  • Winding-up proceeding in general.

Ordinance No. 10 on Reorganization and Winding-Up Proceedings of Credit Institutions can be found under “Related Laws/Regulations.”