Recently some companies have received requests from their contractual partners and other interested parties to disclose the nationality or citizenship of their shareholders or associates, members of management bodies, or their business partners. In formulating a response to such requests, it is important that companies take into account not only the commercial aspects involved, but also the legal implications of their answers.
Veronica Das Alexeev, Marta Tudor and Silviu-Ioan Lazăr examined some important points to consider, including the right to information in the wider context of personal data protection, contractual confidentiality, and the necessity for companies to review their internal policies to comply with the international sanctions regime.
The article has been published in several online media outlets in Romania. Read the full article published by Ziarul Financiar (in Romanian) here.