The new tax applicable to banking institutions

The method of application of the new tax owed by banking institutions, its impact and regulatory implications will be tackled on January 29, 2019, in a workshop held at the Deloitte premises, by Alexandra Smedoiu, Direct Tax Partner, Andrei Burz-Pînzaru, Reff & Associates Managing Partner, Andreea Artenie, Reff & Associates Partner and Dimitrios Goranitis, Risk Advisory Partner.

The event is addressed to financial directors and risk and tax managers from banking institutions.

The event agenda will tackle topics such as:

• The method of application of the new tax owed by banking institutions, as well as a comparison with similar taxes applied to the banking sector in other European Union member states
• Legal aspects of the new tax
• How should ongoing contracts and new credit agreements be approached in the context of the new tax
• The impact of the tax from a regulatory perspective - i.e. the capital requirements imposed on the banking institution

*The event is free of charge.

Speakers

Alexandra Smedoiu – Partner, Direct Tax

With 15 years of experience in tax advisory, Alexandra has coordinated over the time numerous projects both locally and internationally, especially for clients in the financial services industry, but also for companies from the real estate sector. Her professional experience includes a wide array of projects from tax reviews and tax audits, to assistance with mergers and acquisitions and tax controls. Alexandra is a member of the Romanian Chamber of Tax Consultants, a member of the Association of Chartered Certified Accountants (ACCA) from the United Kingdom, a member of the Chartered Institute of Taxation from the United Kingdom (ADIT), and a member of the Charted Financial Analyst Institute CFA. Alexandra is also vice-president of CFA Romania, the Romanian association of chartered financial analysts CFA.

Andrei Burz-Pînzaru - Managing Partner, Reff & Associates, corresponding firm of Deloitte Legal in Romania 

Andrei has 20 years advisory experience in Banking, Capital Markets and M&A. He is Managing Partner in Reff & Associates and Regional leader of Deloitte Legal in Central Europe. Andrei is recommended by IFLR 1000 (2015, 2016 and 2017) as a Leading Financial and Corporate Lawyer in Romania. He is an attorney at law, member of Bucharest Bar and comanaging partner in Reff & Associates. His key areas of expertise include Banking & Capital Markets, FSI regulations, FSI M&A, Corporate Governance and Legal Risk Management.

Andreea Artenie - Partner, Reff & Associates, corresponding firm of Deloitte Legal in Romania 

Andreea is a Partner with Reff & Associates and has been part of the legal team for the last 3 years. She serves clients primarily in Litigation practice, being the head of it. With more than 15 years of experience in administrative and tax litigation practice, she coordinates a large number of administrative litigations against national authorities and particularly tax litigation against the tax authorities. The high rate of success recommends Andreea as one of the renowned specialists in fiscal procedural law. As well, Andreea and her team have a vast experience in commercial litigations, competition related litigations and national commercial arbitration. The team under Andreea’s supervision offers advice and representation before national courts for an important portfolio of administrative and tax litigations, commercial litigations, competition related litigations, employment litigations, enforcement procedures and before arbitration panels in national arbitration. The extensive areas of practice in which Andreea’s expertise is recognized indicate her thorough understanding, as specialist, in matters of law and business reality.

Dimitrios Goranitis - Partner, Risk Advisory

Dimitrios Goranitis is a Financial Services Industry Risk and Regulatory Advisory Partner in Deloitte Romania. Dimitrios is leading Deloitte’s risk service offering in Central Europe focusing on banking regulatory strategy and supervision and credit risk transformation. Dimitrios is a member of the Banking Union Center in Frankfurt, a multidisciplinary team of financial services senior professionals from Deloitte’s practices across Europe that meets clients’ needs and requirements relative to the Banking Union. He is also a member of Deloitte EMEA Centre for Regulatory Strategy, an initiative that enables Deloitte to monitor regulatory development and maintain a dialogue with supranational regulatory bodies such as EBA, ESMA, EIOPA, ECB etc.

Other information

The event will take place on January 28, 2019, at the Deloitte premises (4-8 Nicolae Titulescu Rd., America House, East Entrance, 2nd floor, 1st district), Bucharest. In order to register to the event, please access this link. 

Contact person:

Diana Trăsnea

Email: dtrasnea@deloittece.com

Mobile: +40 730 585 845

You may cancel your registration for any reason, 5 days before the event, by sending an email to: dtrasnea@deloittece.com. We reserve the right to cancel the event, shall the minimum number of participants not be met. In that case, you shall be informed in due time.