Romania Transposes EU’s CSRD at Local Level: OMF 85/2024 Ushers in a New Era of Transparency for companies

Analysis

Romania Transposes EU’s CSRD at Local Level: OMF 85/2024 Ushers in a New Era of Transparency for companies

2 February 2024

Romania's new finance order, OMF 85/2024, transposing the CSRD (EU) 2022/2464 at local level, is shaking up how companies do their annual reports, making them include a lot more information about their sustainability efforts, especially for those who haven't had to report this before.

Read more about when the companies, following the OMF 1802/2014 or OMF 2844/2016 accounting rules, need to start reporting on their sustainability information.