Client Alert
Austria: Die Neuerungen des Arbeitsmarktpakets
Am 10.12.2015 hat das Parlament das Arbeitsrechts-Änderungsgesetz 2015 sowie ein arbeitsrechtliches Elternpaket beschlossen. Wesentliche arbeitsrechtliche Änderungen treten mit 1.1.2016 in Kraft....
Serbia: Employers with more than 10 employees must adopt an internal “whistleblower act”
The Serbian Law on the Protection of Whistleblowers (the Whistleblower Law), applicable as of 5 June 2015, introduced rules governing the rights and obligations of both employers and employee whistleblowers; on the same date, the Ministry of Justice also adopted a bylaw to further regulate internal procedures regarding whistleblowers for all employers with more than 10 employees (the Bylaw)....
How to avoid errors in public procurement funded by EU
On 30 October 2015 the European Commission published a new Guidance to assist contracting authorities across the EU member states to avoid the most common errors in planning and delivering purchases of public works, supplies or services funded by the European Structural and Investment Funds ('Guidance')....
A Munka törvénykönyvének 2016-Os Változásai
Kedves Partnerünk! A Munka Törvénykönyvéről szóló 2012. évi I. törvény közel három éve lépett hatályba, ezért szükségessé vált az elmúlt évek gyakorlatában felmerült bizonytalanságok, esetleges vitás kérdések rendezése. A vonatkozó törvényjavaslatot a Kormány előkészítette és benyújtotta az Országgyűlésnek, a változások várhatóan 2016. január 1-jén fognak hatályba lépni. Az alábbi linkre kattintva elérheti irodánk munkajogi hírlevelét, amelyben az általunk legjelentősebbnek tartott törvénymódosítási javaslatokat foglaltuk össze. Bízunk benne, hogy az abban foglalt információkat hasznosnak fogja találni....
Serbia: New law on investment
On 4 November 2015, the new Serbian Law on Investment came into force, thereby replacing the long-standing Law on Foreign Investment. This consequently supersedes sections of the current Law on Foreign Trade and the Law on Regional Development....
Serbia: New special collective bargaining agreement for chemistry and non-metals in Serbia
A new Special Collective Bargaining Agreement for Chemistry and Non-Metals (1) (the CBA) was recently concluded in Serbia, with effect as of 22 November 2015 until 22 November 2018. The CBA is binding on all employers that carry out industrial or manufacturing activities in the field of chemistry and non-metals (2) in Serbia (3)....
Amendments to the law on personal data processing and protection of private life in the electronic communications sector
Law no. 235/2015 for the amendment and supplementation of Law no. 506/2004 on the personal data processing and protection of private life in the electronic communications sector ("Law 235/2015") was published in the Romanian Official Gazette no. 767 of 14 October 2015 and entered into force on 17 October 2015....
IP & IT newsticker in CEE/SEE – October 2015
Our regional firm is one of the leading firms with a focus on IP/IT practice and, naturally, we monitor the progress within this sector very closely. Below, please find up-to-date summaries of the news from the IP/IT sector in the region that might be interesting for you....
Slovakia: Public Procurement
BUSINESS WITH THE PUBLIC PROCUREMENT AUTHORITIES: NEW REQUIREMENTS. The Slovak Act on Public Procurement no. 25/2006 Coll. ("Act") was recently amended by the Act no. 252/2015 ("Amendment"). In this respect, a new register of final beneficiaries will be established by the Slovak Office for Public Procurement ("ÚVO") on 1 November 2015. (...)...
Negativzinsen beim Kreditvertrag
DERZEITIGER DISKUSSIONSSTAND. Die Frage, wie Zinsen – berechnet aus einem Referenzzinssatz wie z.B. EURIBOR und Marge – in bestehenden Kreditverhältnissen zu interpretieren sind, wird derzeit heftig diskutiert. Dies insbesondere dann, wenn diese Verträge keine Regelung dahingehend enthalten, was bei einem negativen Indikator gelten soll. Im Raum stehen dabei im Wesentlichen zwei Szenarien. Alternative 1: der negative Referenzzinssatz wird bei null oder nahezu null "eingefroren", d.h. die Marge bleibt voll erhalten. Alternative 2: der negative Referenzzinssatz schlägt durch und reduziert (bei entsprechend niedrigem Wert) die Marge bzw. könnte dazu führen, dass sich der gesamte Sollzinssatz ins Negative dreht und damit der Fall eintritt, dass der Kreditgeber dem Kreditnehmer dieses negative Ergebnis gutzuschreiben hätte. (...)...
Bulgaria: Investment incentives under the 2014-2020 regional aid scheme
Following more than a year of discussions after the new General Block Exemption Regulation 651/2014 ("GBER") entered into force on 1 July 2014, in October the Bulgarian Council of Ministers has adopted amendments to the Implementation Regulation to the Bulgarian Investments Promotion Act ("IRIPA"). These set out the investment incentives that will be provided within the scope of regional aid for the period to 2020....
A grand chamber of the Polish supreme administrative court ruled on taxable revenue derived from an asset contribution to a capital company.
The written justification of the Polish Supreme Administrative court's ruling on taxable revenue derived from an in-kind contribution in exchange for shares of a nominal value lower than the fair market value of the contributed asset has recently been published. The oral justification of the ruling was published on 20. July 2015....