Articles
Country Update-Poland: Crypto-asset regulation
This article by our experts originally written for and published by Thomson Reuters, delves into the turbulent nature of the crypto-assets sector and the increasing calls for regulation to balance its potential benefits with the need to minimize financial crime and protect investors. It highlights the ongoing consultation by the International Organisation of Securities Commissions […]...
Romania publishes steps to establish crypto-currency exchange/custodian wallet providers
Following two (2) years of uncertainty, at the behest of the Romanian Government, the Ministry for Finance published the draft Government Decision for the approval of procedures for the authorisation and/or registration of providers engaged in exchange services between virtual currencies and fiat currencies, as well as custodian wallet providers, on 12 May 2023. The […]...
The Product Regulation and Liability Review (Tenth Edition)
Country Chapter for Austria The Product Regulation and Liability Review addresses the matter of product liability in several pivotal jurisdictions across the globe, delving into potential liability and exposure for manufacturers, along with recent changes to the law in each jurisdiction as a result of new legislation, regulations, court decisions and so on. Each country […]...
Winds of change: positive outlook for Hungary’s wind energy regulations
*available in Hungarian below There has not been a new wind farm built for almost a decade in Hungary despite the country’s undoubted need for more wind power. At the end of 2022, the European Commission announced the adoption of Hungary’s Recovery and Resilience Plan, which, among other things, aims to facilitate onshore wind investments. […]...
WT Sofia comments on adoption of Bulgaria’s Whistleblowing Act
Wolf Theiss Sofia has recently provided its analysis on the newly adopted Bulgarian Whistleblowing Act, which was adopted at the end of January 2023 after prolonged and intense discussions. Soon after the Bulgarian Whistleblowing Act was published in the State Gazette, the WT Sofia team, led by Partner Anna Rizova and including Counsels Hristina Dzhevlekova […]...
How do market players view the European Green Bond Standard?
Q&A with Erste Group and RBI Green Bonds and Securitisation Series – Article 3/3 This is the thrird article in a series of which is preceeded by The European Green Bond Standard – gold standard or regulatory burden? and “Sustainable Securitisation – too complicated or worth the effort?” This Wolf Theiss Q&A on the new European […]...
Environmental, Social and Governance Law 2023 – Comparative Legal Guides (ICLG)
Country Chapters for Austria and Poland These quick reference country chapters on Austria and Poland provide detailed legal and practical information on ESG Law and implementation. Designed in an easy-to-access Q&A format, these resources provide practitioners with a clear overview on critical ESG topics and allow for quick reference to more detailed questions about regulations, […]...
High-potential EU tools for a green future
It’s time to use the RRF for the promotion of energy storage in the CEE region Energy storage has become one of the hottest topics in the global economy in the last few years, as it is now clear that it will be one of the key areas in the global transition to renewable energy. […]...
Is C-700/20 a new manifestation of the ECJ’s “arbitration unfriendly” approach?
Court decision leads to significant implications for commercial arbitration As the new year starts, it is always a great time to look back at happenings of the past 12 months. We have looked at developments in the arbitration field over the past year. 2022 proved to be another exciting year for arbitration. One decision in […]...
Austria’s Financial Market Authority and Austrian National Bank issue audit priorities for 2023
The FMA and OeNB traditionally published1 their focal points for supervisory activities for the new year at the end of December. The focal points reflect the broad supervisory spectrum of the authorities. They cover both the traditional banking and insurance sectors as well as new market segments such as crowdfunding and crypto. The authorities publish […]...
Private Mergers & Acquisitions in Hungary: an Overview
M&A guide to private mergers and acquisitions law in Hungary This Q&A country analysis gives a high level overview of key issues including: • corporate entities and acquisition methods • warranties and indemnities • acquisition financing • signing and closing • competition and more… Expert guidance from a top regional practitioner The introductory market overview […]...
Distressed M&A Guides 2023
Country chapters for Austria, Bulgaria, Hungary, Poland & Romania These quick reference country chapters on Austria, Bulgaria, Hungary, Poland and Romania are designed in an easy-to-access Q&A format provide practitioners with detailed information on the legal frameworks and current developments in Distressed M&A. Key topics for each country include: • Market climate • Principal risks […]...