The insurance contract according to the new Romanian Civil Code Section 1- General provisions Art. 2199- Definition Art. 2200- Configuration and evidence Art. 2201- Insurance policy Art. 2202- Types of insurance policy Art. 2203- Notification regarding the risk Art. 2204- Inaccurate declarations or reticence on the risk Art. 2205- Lack of insured risk Art. 2206-...Read More

Energy News – 11th Issue-Greek Energy Market ENERGY MARKETS EU: Energy and Environment State Aid Guidelines Greece: Adjustment of Several Duties and Fees Payable in the Greek Energy Market On 31 March 2014, Decision no. 175/2014 of the Greek energy regulatory authority RAE was issued announcing a raise of ETMEAR, the special duty paid by...Read More

Energy News – 10th Issue- Gas supply agreement ENERGY MARKETS EU: OPCOM Fined for Abusing its Dominant Position in the Romanian Market EU: Market Sharing Agreement between EPEX (France) and Nord Pool Spot (Norway) is Fned with 5.9 Million EUR by EC ELECTRICITY Greece: New Vertically Integrated Electricity Company – Small PPC OIL & GAS...Read More

Rokas (Athens) partner Mira Todorovic Symeonides actively participated at the annual Energy Transitions – International Energy Conference, in Joensuu – Finland Rokas (Athens) partner Mira Todorovic Symeonides, participated actively delivering a speech on “Unbundling and privatisation of the state owned vertically integrated companies in Energy Community – Implementation of the Directive 2009/72/EC on the example...Read More

Rokas (Athens) partner Dr. Antonios Tsavdaridis speaker at the Motor Insurers’ Bureau (M.I.B.) of Greece conference, in Athens- Greece. Rokas (Athens) partner Dr. Antonios Tsavdaridis, delivered a speech on “Jurisdiction in Motor Third Party Liability Insurance (Regulation 44/2001/EC)”, at the Motor Insurers’ Bureau (M.I.B.) of Greece conference, 28 February 2014, in Athens- Greece. (The presentation...Read More

Energy News – 9th Issue-TSO Energy Markets EU: Communication from the Commission on Energy Prices and Costs in EuropeBulgaria: Competition Commission Sanctioned Bulgarian Electricity Company Energo-Pro Grid AD for Abuse ofDominant Position Electricity Greece: Ownership Unbundling of Greek TSO ADMIE and its Privatisation On 12 February 2014 the Greek Parliament enacted Law 4237/2014 on Regulation...Read More

Arbitration News – Form Requirements in Arbitration Clauses Incorporated by Reference (Article by Dr. A. Tsavdaridis, published in the Arbitration Newsletter of the ILO on January 30, 2014) Incorporation of an arbitration clause by reference should be made expressly. Such an express reference should be clear as to the meaning of the clauses intended to...Read More

Energy News – 8th Issue- Gas Network Energy Markets Serbia: Draft of New Energy Law Introduced for Public ConsultationMontenegro: Set of Rulebooks and RegulationsEU: Implementation of the Third Energy Legislative Package: ACER/CEER Annual ReportEU: The new 2030 Framework on Climate and Energy Proposed by the Commission Electricity Ukraine: Reform of the Ukrainian Electricity MarketBulgaria: Reduction...Read More

EIOPA-Report on Good Supervisory Practices regarding knowledge and ability requirements for distributors of insurance products   The “Report on Good Supervisory Practices regarding knowledge and ability requirements for distributors of insurance products” was drafted by the European Insurance and Occupational Pensions Authority  and published on 9th December 2013. As stated in the report (page 59),...Read More

Energy News – 7th Issue-Gas and Electricity Electricity Greece: RAE’s Decisions on Two Requests of the Greek Utility for Repeal of imposed Fines Oil & Gas EU: ACER Publishes Framework Guidelines on Harmonised Gas Transmission Tariff StructuresSerbia: The New Law on Commodity Reserves for Crude Oil and Petroleum ProductsBiH: New Law on Exploration and Exploitation...Read More