Client Alerts

Summary of key changes introduced by the amended Rules of Proceedings The amended Rules of Proceedings (hereinafter referred to as the “Rules of Proceedings”) of the Permanent Court of Arbitration attached to the Hungarian Chamber of Commerce and Industry (hereinafter referred to as the “Arbitration Court”) came into force on 15 September 2024. The amended […]...

Introduction & Overview of Changes  Reflecting recent trends, Czech labour law continues to evolve. On 31 July 2024, a new amendment to the Labour Code was published in the Collection of Laws with relatively little attention. This amendment primarily seeks to align with Directive (EU) 2022/2041 on adequate minimum wages in the European Union, which […]...

*This Client Alert follows the previous publication on 19 February 2024, titled “Czech Republic: The Consolidation Package and its impact on Labour Law and HR“. New regulations governing agreements to complete a job (in Czech: dohoda o provedení práce) came into effect in the Czech Republic on 1 July 2024, with additional provisions set to […]...

On 27 July 2024, the Republic of Croatia officially implemented the Corporate Sustainability Reporting Directive (CSRD) into national legislation by replacing the existing legal framework set out under the Non-Financial Reporting Directive (NFRD). Namely, the CSRD has been implemented through the amendments to the Accounting Act (OG No. 85/2024), the Audit Act (OG No. 127/2017, […]...

The Whistleblower Protection Act (Act) was published in Poland’s Journal of Laws on 24 June 2024. The Act applies to all companies with 50 or more people and establishes a comprehensive framework for whistleblower rights in Poland. Entities with fewer than 50 individuals may voluntarily implement procedures. However, the above threshold does not apply to […]...

Following the latest developments in Romania’s Foreign Direct Investment (FDI) screening regime in December 2023, which encompasses EU investors within the screening scope, the Romanian Parliament has recently introduced a new law that revises and reinforces the approach towards EU investors by harmonising the sanctioning regime for “gun-jumping” between non-EU and EU investors. This move […]...

Last week the long-awaited AI Act was published in the EU’s Official Journal on 12 July, becoming Regulation (EU) 2024/1689. Once it enters into force on 1 August 2024, 20 days after its publication, the countdown to the various provisions of the AI Act becoming applicable will begin. The AI Act is an essential part […]...

This Client Alert is available in both English and Hungarian. The announcements made by the Hungarian Government on 8 July 2024 envisage a number of new and higher payment obligations, as well as other public taxes and restrictions, that will include a defence contribution, increased administrative fines, extra profit tax, changes to social contribution tax […]...

On 5 June 2024, the Czech government introduced a proposal to the Czech Parliament that brings fundamental changes to fleet insurance in the Czech Republic. This proposal provides additional obligations on fleet policyholders. Please see the details below. Types of fleet insurance under Czech law Fleet insurance (i.e. a specific type of insurance where the […]...

The Act on Restrictive Measures (OG No. 133/2023, the “Act“) entered into force on 15 November 2023 (with the application of certain main provisions as of 15 May 2024). The Act establishes more effective due diligence and reporting procedures and mechanisms, which will enable the Republic of Croatia to implement new and more complex sanctions […]...

Bulgaria has outlined a procedure for electronic labour records (ELR) in a draft Ordinance published for public consultations on 21 May 2024.The switch to ELR will take effect on 1 June 2025, as stipulated by recent amendments to the Labour Code. This represents a significant step in the long-awaited digitalisation of employment records.  According to the […]...

Commencing in 2025, the Batthyány-Strattmann László Foundation will assume the responsibility of managing applications for exceptional drug funding in Hungary. The foundation itself will receive its annual funding from the government, in accordance with the latest amendment to Act LXXXIII of 1997 on compulsory health insurance benefits. This represents a significant change to the management […]...