Miss Cristina Tudoras

Cristina Tudoras

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Corporate & Commercial

Directors' confidentiality obligations
Romania | 07 October 2019

Under Romanian law, the scope and duration of a director's confidentiality obligations must be agreed in the mandate agreement to be concluded between the director and their company. In order to mitigate any risks in this regard, mandate agreements should set out the specific circumstances in which directors can disclose confidential information to their company's parent undertaking or subsidiaries.