Client Alerts
Ukrainian capital and commodity markets: enhancement to regulator’s powers and other regulatory developments
On 27 April 2024, the Law of Ukraine, titled “On Amendments to the Law of Ukraine ‘On State Regulation of Capital Markets and Organised Commodity Markets’ and Certain Other Statutory Acts of Ukraine Concerning Regulation and Supervision of Capital Markets and Organised Commodity Markets” (the Law), came into effect. As claimed by the Law’s authors, […]...
Employment Brief: The implementation of the EU Whistleblowing Directive in Poland is imminent
The bill on the protection of whistleblowers in Poland is at the final stage of the legislative process and the core provisions have been set. Key provisions of the bill Under the new law, reporting irregularities will be permitted via different reporting channels: Anonymous reporting is permitted through internal and external channels. However, entities that […]...
Employment Brief: legal implications of live-quitting and employee ghosting in Hungary
Live-quitting (or Quit-Tok1) and employee ghosting2 continue to gain traction among employees in Hungary. The termination of employment is often a stressful situation for employees, which prompts them to find alternative ways of ending their employment relationship. However, these atypical termination practices can yield several unintended legal implications under local laws. Legal implications In cases […]...
Wann ist der Betrieb einer E-Ladestation gewerblich?
Die Anzahl von E-Fahrzeugen steigt, der Markt für E-Ladestationen – sei es in der eigenen Garage oder auf öffentlichen Plätzen – boomt. Infolgedessen steigt auch das Angebot von professionellen Dienstleistern, deren Geschäftsmodell in der Installation, Betrieb, Wartung samt Abrechnung etc von E-Ladestationen besteht. Dass diese gewerblich agieren, steht außer Zweifel. Doch wie verhält es sich mit […]...
Latest round of changes in Hungarian e-commerce and consumer protection regulations
During the first quarter of 2024, the Hungarian legislator made several amendments to Hungarian e-commerce and consumer protection legislation. This trend is projected to continue, as updated regulations published on 23 April 2024 include further updates to various provisions within the Hungarian consumer protection legal framework. Extension of the mandatory commercial guarantee period The amendment […]...
Ukraine: Currency control relaxation
To address the challenges stemming from the full-scale war in Ukraine, the National Bank of Ukraine (the “NBU”) introduced various measures and currency control restrictions in February 2022 to prevent capital outflow from the country. These restrictions have been gradually loosened. On 3 May 2024, the regulator adopted Resolution no. 56, introducing a set of […]...
Register for war damage claims opened
The “Register of Damage Caused by the Aggression of the Russian Federation against Ukraine” (“Register of Damage”) has opened for the first category of war damage claims; losses or injuries to residential property. In the near future, the Register of Damage plans to expand registration to include additional categories of damages, with a focus on […]...
Green Deal: Neuregulierung geografischer Angaben in der EU
Verordnung (EU) 2024/1143 des Europäischen Parlaments und des Rates vom 11.4.2024 über geografische Angaben für Wein, Spirituosen und landwirtschaftliche Erzeugnisse1 und über garantiert traditionelle Spezialitäten und fakultative Qualitätsangaben für landwirtschaftliche Erzeugnisse Das Wichtigste in Kürze: Ziele der Verordnung: Nachhaltigkeit, Stärkung der Erzeuger, Rechtssicherheit Ziel der Verordnung ist es, ein einheitliches und abschließendes System geografischer Angaben festzulegen, […]...
Employment Brief: Clarification of guidelines on Whistleblowing Officers in Slovakia
The requirements for the Whistleblowing Officer’s (WO) role are covered by various guidelines that have been published by the Slovak Office for Protection of Whistleblowers over the past several months. The multitude of information sources now requires clarification, as the role of the WO leading internal investigations of reports is becoming increasingly prominent. Below we […]...
EU to expand dual-use goods export control and sanctions regimes targeting Russia and Iran
As mentioned in our previous Client Alert (here), the European Commission (EC) proposed new initiatives to strengthen EU economic security in late January 2024. The EC intends to take action with 5 initiatives: This Client Alert focuses on Initiative 3 regarding exports of dual-use goods. In addition, it provides an insight into the most recent […]...
The Euro in Bulgaria: Is a currency shift on the horizon?
The initial political momentum behind Bulgaria’s goal to adopt the euro by 2025 has waned, overshadowed by other urgent issues. Meeting the price stability criterion remains challenging, as, despite a decrease in inflation, it still exceeds the levels seen in the best-performing EU states. Nonetheless, the flexibility granted to Croatia in 2022 suggests that compliance […]...
Employment Brief: Romanian employers must implement a coherent framework for dealing with harassment at work
The Romanian legislator has recently imposed additional anti-harassment obligations on employers, with a focus on gender-based and psychological harassment, which relate to the: (a) Methodology for preventing and combating gender-based and psychological harassment at work, approved by Government Decision no. 970/2023; and the (b) Ratification by Romania of ILO Convention no. 190/2019 concerning the elimination […]...