Financial Services

The financial services landscape is continuously changing and increasing in complexity, causing firms to face a diverse array of challenges and concerns. Corporate governance, risk management and regulation issues continue to impact the industry.

 

The Romanian Financial Services industry has undergone dramatic changes over the past decade, as Romania has made the reform of financial institutions a priority in its overall transformation to a free market economy.

 

The Romanian Financial Services market has embraced many global industry trends, such as multi-channel distribution strategies, GSM, telephone and Internet banking, investment management, as well as innovations in investment and insurance products.

 

How PwC can help you?

 

PricewaterhouseCoopers is a leader in the Romanian banking industry and has a team of specialists who can help financial services organisations turn challenges into opportunities. Our staff has in-depth knowledge of the norms and rules of the National Bank of Romania , requirements of local and international accounting regulations and have close relations with the regulators.

 

We have extensive experience in providing advice on the proposed implementation of IAS in the Romanian banking industry, which has demanded complex tax and legal advisory services in relation to the complex interaction of tax laws with regulatory provisions affecting this sector, including the Banking Law, Foreign Currency Regulation and Capital Market Regulation.

 

 

We specialise in providing services to clients in the following industry sectors:

   

Banking & Capital Markets

Investment Management & Real Estate

Insurance

 
Contacts
Vasile Iuga
Country Managing Partner
Financial Services Leader
Peter de Ruiter
Partner
Head of Tax and Legal Services
Tel: 40 21 20 28 500
Fax: 40 21 20 28 600
   
  Of further interest
 
  Financial Services M&A: Review of and outlook for mergers and acquisitions in the European financial services market – 2005
   
 

Anti-Money Laundering - A Global Financial Services Issue
   
   

 


© 2008 PricewaterhouseCoopers. All rights reserved. PricewaterhouseCoopers refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.
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