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Romanian proposal to enhance mortgage-registration market open for comments

( July 9, 2020, 08:56 GMT | Official Statement) -- MLex Summary: Romania's competition watchdog is looking for input on the recommendations it made to stimulate competition on the market for mortgage-registration services. Following a sector inquiry, the watchdog concluded that the conditions for access to this market, including other liens on movables in the National Register for Movable Property Publicity, are excessive, and represent "real barriers" to market entry. Among the suggestions made, the watchdog is calling for the elimination of any form of intervention on commercial tariffs, and the removal of the “criterion on territorial coverage.”Statement follows. ...

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