Articles

With the ever-increasing focus on sustainability and transparency in business within the EU, the implementation of compulsory CSRD and ESG reporting is set to apply to a broader range of companies. Birgit Kraml and Jela Mohr, contract partner and ESG Manager at Wolf Theiss in Vienna, answer this Q&A providing insight into the nature of […]...

On April 20, 2023, the European Commission (“Commission”) adopted a merger simplification package (“Package”) aimed at simplifying the Commission’s review of concentrations under the EU Merger Regulation. The core of the Package is the expansion of the categories of cases which can be treated under the Commission’s simplified procedure. In addition, the Package aims to […]...

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 […]...

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 […]...

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 […]...

*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. […]...

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 […]...

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, […]...

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. […]...

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 […]...

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 […]...