On 14 September 2026, Romania’s National Agency for Fiscal Administration (ANAF) published a draft presidential order establishing accreditation and selection procedures for insolvency practitioners engaged by the tax authority. The initiative operates under the Fiscal Procedure Code (Law 207/2015) and aims to standardize how ANAF appoints qualified professionals to manage tax-related insolvency proceedings. The draft is open for public consultation until 24 September 2026, with comments accepted at presa@anaf.ro. This measure addresses longstanding gaps in practitioner vetting, ensuring only certified experts handle complex tax recovery cases involving bankrupt entities.
Key Takeaways
- Standardized Accreditation Framework: The order introduces mandatory qualification thresholds, including professional certification, minimum five years’ insolvency experience, and clean disciplinary records, aligning practitioner standards with EU Directive 2019/1023 on preventive restructuring frameworks.
- Transparent Selection Mechanism: ANAF will maintain a public register of accredited practitioners, with selection based on rotational assignment, conflict-of-interest checks, and performance scoring, reducing discretionary appointments and enhancing procedural fairness.
- Enhanced Tax Recovery Efficiency: By professionalizing insolvency practitioner engagement, ANAF expects faster resolution of tax claims in bankruptcy proceedings, directly supporting the 2026-2028 revenue collection targets under the National Recovery and Resilience Plan (PNRR).
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement