What’s inside this issue? In the complimentary spring 2022 issue, you will find articles that address the… Continue Reading
European Legal News
Whistleblower protection creates data protection issues.
The post Whistleblower protection creates data protection issues. appeared first on BUSE. Continue Reading
TELFA Labour law group monthly meeting - August 22nd
Hello everyone! Here is the link to join on August 22nd at 2 PM CEST: Meeting ID: 810 5347 9298 Passcode: 015061 Starting a new season after the summer break! So we will invite everyone to share ideas on how we can make our meetings and the work of the… Continue Reading
Employee participation has never been more attractive.
The post Employee participation has never been more attractive. appeared first on BUSE. Continue Reading
The rise of HR technology and artificial intelligence is often seen with skepticism.
The post The rise of HR technology and artificial intelligence is often seen with skepticism. appeared first on BUSE. Continue Reading
Vacation forfeited due to long illness: Information obligation only in the first year?
The post Vacation forfeited due to long illness: Information obligation only in the first year? appeared first on BUSE. Continue Reading
Private Client Newsletter GWW Poland January-June 2022
We have prepared this subjective summary of legal and tax changes and their announcements for you, which primarily affect wealthy individual clients and family businesses. Our newsletter covers the changes taking place in the first half of 2022. The summary can be found at the link: Continue Reading
GWW Private Client Team - Chambers Band 1. in Poland.
We are happy to share that GWW Private Client Team is again no 1 in Poland!. Aldona Leszczynska and Tomasz Krzywanski were two ranked individuals as well. Continue Reading
Shaping transformation: Layoffs as the last resort.
The post Shaping transformation: Layoffs as the last resort. appeared first on BUSE. Continue Reading
DELSOL Avocats July 2022 newsletter released
Boasting steady and controlled growth, in recent years DELSOL Avocats has been enhancing its service offering in order to provide clients with optimal support on all their legal issues. This approach has led to hiring or co-opting new partners who bring their expertise to supplement that of the teams in… Continue Reading
TELFA Labour law group monthly meeting happening next Monday, June 20th.
Hello everyone! Here is the link to join on June 20th at 2 PM CEST: Meeting ID: 810 5347 9298 Passcode: 015061 During the meeting, we will all discuss together the questionnaire on employment law services and their prices. It will also be interesting to hear feedback from the TELFA… Continue Reading
CEW & Partners success in court in challenge to Belgian government
The Public and Administrative Law Department of CEW & PARTNERS, represented by Jean LAURENT and Charline SERVAIS, has won an important victory against the Belgian Federal Government in the Liège Court of Appeal. CEW represented the Belgian Federation of Real Estate Agents in a legal challenge to specific COVID regulations… Continue Reading
TELFA Labour law group monthly meeting happening next Monday, May 23rd
TELFA Labour law group monthly meeting. Here is the link to join on May 23rd at 2 PM CEST: Meeting ID: 812 5898 1383 Passcode: 288203 Continue Reading
[RANKINGS] DELSOL Avocats acknowledged in the EMEA 2022 rankings published by The Legal 500
DELSOL Avocats is delighted with the rankings published by The Legal 500 in its EMEA 2022 edition : Construction – Tier 3 Data privacy and data protection – Tier 3 Dispute resolution: White-collar crime – Tier 4 Employment – Tier 4 Healthcare and life sciences – Tier 4 Mergers and acquisitions –… Continue Reading
GWW on Forbes list: Poland's Best Law Firms 2022
GWW was listed in the list of "Poland's Best Law Firms 2022" and was recognized as the first choice law firm in the tax category. The list was created by Forbes magazine in cooperation with research company Statista. The list was compiled based on recommendations given by lawyers working in law… Continue Reading
GWW publishes a guide with the 7 most frequently asked questions – refugees from Ukraine in Poland
Here is a guide compiling questions and answers most frequently asked by companies and individuals in Poland in order to support Ukrainian refugees: Continue Reading
DELSOL Avocats announces that Jean-Baptiste AUTRIC has been co-opted to partner within the Nonprofit organizations – Social Entrepreneurship Department
joined DELSOL Avocats in 2007. He works with structures in the social and solidarity economy and often assists associations, foundations and endowment funds on their legal and fiscal challenges, particularly during the reorganization of their activities or assets. He has developed particular expertise in structuring corporate or private sponsorship (co-author… Continue Reading
Reminder! Labor Law Group Meeting – 21 March
Labor Law Group Meeting Monday, 21 March 03:00 PM Vilnius / 01:00 PM GMT Please note that next Monday, 21 March, the TELFA Labor Law Group will meet. You are welcome to join the meeting. We will discuss how we can help people fleeing the war in Ukraine. We will… Continue Reading
Labor Law Group Meeting - 21 March
Labor Law Group Meeting Monday, 21 March 03:00 PM Vilnius / 01:00 PM GMT Please note that next Monday, 21 March, the TELFA Labor Law Group will meet. You are welcome to join the meeting. We will discuss how we can help people fleeing the war in Ukraine. We will… Continue Reading
DELSOL Avocats is strengthening its Corporate Taxation practice with the addition of Jean-François Defudes as a partner
is joining the DELSOL Avocats « Corporate Taxation » practice as a partner. The « Corporate Taxation » team, led by Julien Monsenego and Frédéric Subra, now has three partners, one counsel and six associates. It advises corporate groups on all their tax-related issues. Jean-François assists his clients, French and international groups, with… Continue Reading
Lexia expands to Northern Finland – Law firm Ferenda’s Oulu office merges with Lexia
Lexia Attorneys and law firm Ferenda’s Oulu office will merge. The acquisition supports Lexia’s strategic aim to combine strong local expertise with a broad nationwide and international network of professionals. The merger will provide businesses in the Northern Finland economic area access to a modern, international law firm that focuses… Continue Reading
Tampere-based Klingendahl Merges with Lexia – Strong Focus on Business-Centric Law Services
Lexia Attorneys and Klingendahl Attorneys merge. The merger will bring about a modern and international law practice that focuses on achieving clients’ business goals with rock-hard professionalism and a relaxed service attitude, catering to companies in the Tampere region. Lexia aims to grow with its clients and multiply current business… Continue Reading
Rebranding and New Partners of Çukur & Yılmaz; Under the Name of Çukur & Partners
Please read ÇUKUR & PARTNERS newsletter and learn about our rebranding, in order to better reflect and emphasize our new strategy, development, and structure on our newsletter here: Continue Reading
Lexia advised Finnair in its Component Support Services Agreement with Airbus
Finnair has entered into a Component Support Services agreement with Airbus for its entire A320 Family fleet (35 aircraft). Under the agreement, Finnair will e.g. benefit from integrated material services including on-site-stock at its main base in Helsinki, and will gain access to Airbus’ spares pools and components engineering and… Continue Reading
DELSOL Avocats is strengthening its Life Sciences practice with the addition of Gaëlle Merlier as a partner
is joining the DELSOL Avocats Life Sciences practice as a partner accompanied by associate Bastien Pavec, who worked alongside her at Clifford Chance. The Life Sciences team, led by another specialist in the sector, Jeanne Bossi Malafosse, now has two partners and four associates. They assist their clients, health and… Continue Reading
GWW's Success Stories 2021
We have worked on hundreds, if not thousands, of projects this year, many deserving special attention. Outlined within are those projects that were, from our point of view, the most demanding and which stand out as being exceptional in terms of client satisfaction. Read about GWW's Success Stories here --> https://newsletter.gww.pl/alert/GWW-Success-Stories-2021.pdf Continue Reading
Wedlake Bell and Moon Beever merge
LONDON, 15 June 2021 – Wedlake Bell LLP and Moon Beever LLP today announce that the firms have agreed to merge with effect from 12 July this year. Wedlake Bell is a top 100 City law firm with core strengths across Private Client, Real Estate, Business Services and Dispute Resolution.… Continue Reading
NEW LEGISLATION REGARDING THE REGISTRATION OF BENEFICIAL OWNERS IN THE CZECH REPUBLIC
NEW LEGISLATION REGARDING THE REGISTRATION OF BENEFICIAL OWNERS As of 1st June 2021, the new legislation regarding the registration of beneficial owners (Act No. 37/2021 Coll., on Registration of Beneficial Owners) becomes effective. The new legislation implements the 5th AML Directive, i.e. Directive (EU) 2018/843 of the European… Continue Reading
Meyerlustenberger Lachenal Ltd. (MLL) ranked on the Legal 500 directory in a wide array of fields of expertise!
MLL has been mentioned in the following disciplines in the Legal 500 2021 ranking: ✅Fintech ✅IP ✅Real Estate and Construction ✅Capital Markets ✅Commercial, Corporate and M&A ✅Data Privacy and Protection ✅Employment ✅Healthcare and life science ✅Private clients ✅TMT ✅Banking & finance ✅Competition ✅Litigation ✅Insolvency MLL has also been a contributor… Continue Reading
Lexia recommended by the Legal 500 for several fields of expertise!
The Legal 500 recommends Lexia's following practices: M&A “I see that the key strength of Lexia team is that they have had the same team handling the matters of the company from start-up work through to venture financing rounds all the way to M&A.” Dispute resolution, crime & corporate responsibilities… Continue Reading
Dr. Tibor Bihary, managing partner of Bihary Balassa Attorneys At Law, included in the Arbitrator Recommendation List of 2021-2024
We are delighted to announce that as of 1 February 2021, the managing partner of our Firm, Dr. Tibor Bihary, has been recognised by the Permanent Arbitration Court of the Hungarian Chamber of Commerce and Industry (HCCI) on its permanent Arbitrator Recommendation List of 2021-2024. The is compiled by a prestigious panel of senior academics and lawyers based on professional recommendations… Continue Reading
Meyerlustenberger Lachenal and FRORIEP announce merger
Merger creates leading Swiss business law firm with a strong international profile The prominent Swiss law firms Meyerlustenberger Lachenal and FRORIEP plan to merge, creating a new top-tier commercial law firm in Switzerland. A total of 155 lawyers will provide Swiss and international law advice to clients from four Swiss… Continue Reading
NOVELIZATION OF THE CZECH BUSINESS CORPORATION ACT 2021
NOVELIZATION OF THE BUSINESS CORPORATION ACT As of 1st January 2021, the major novelization of the Business Corporation Act (Act No. 33/2020 Coll., amending Act No. 90/2012 Coll., on Business Corporations and Cooperatives, and other related laws) becomes effective. THE MOST IMPORTANT CHANGES include, in particular, the following:… Continue Reading
PORTUGAL: PAYMENT IN INSTALMENTS OF BOTH PERSONAL AND/OR CORPORATE INCOME TAX
Acknowledging the importance of maintaining a strong tax system, this measure was issued in the context of various incentives set out by the Portuguese Government, which, in the present context of the Sars-Cov-2 Pandemic, is essential to the livelihood of families and companies. The Office of the Secretary of State… Continue Reading
Novelization of the Czech Labour Code 2020 - part three
NOVELIZATON OF THE CZECH LABOUR CODE 2020 - part three As of 30th July 2020 the novelization of the Czech Labour Code (Act No. 262/2006 Coll.), published in the Collection of Laws on 26th June 2020 under No. 285/2020 Coll., became effective. The amendment introduces in particular a… Continue Reading
Novelization of the Czech Labour Code 2020 - part two
NOVELIZATON OF THE CZECH LABOUR CODE 2020 - part two As of 30th July 2020 the novelization of the Czech Labour Code (Act No. 262/2006 Coll.), published in the Collection of Laws on 26th June 2020 under No. 285/2020 Coll., became effective. The amendment introduces in particular a… Continue Reading
Novelization of the Czech Labour Code 2020 - part one
NOVELIZATON OF THE CZECH LABOUR CODE 2020 - part one As of 30th July 2020 the novelization of the Czech Labour Code (Act No. 262/2006 Coll.), published in the Collection of Laws on 26th June 2020 under No. 285/2020 Coll., became effective. The amendment introduces in particular a… Continue Reading
Use of virtual execution and e-signature during the coronavirus: position from the UK law society
Please find below a very interesting guide written by Edward Craft on the position of the UK Law Society on virtual execution and e-signature: Continue Reading
Read about provisions of the Decree Law nº34 of May 19, 2020 “RILANCIO” (Recovery)
Here is newsletter published by Legalitax including the business, tax, labour and corporate issues related to the Italian Decree Law: Continue Reading
PORTUGAL: The support of StartUps during the Covid 19 Pandemic
We at Carvalho, Matias & Associados (PT) would like to share with you a new set of iniciatives taken by the Portuguese Autorities to adapt and support a large number of StartUps in Portugal during this outbreak, with a keen intention of planning and reorganizing their activities and products for the… Continue Reading
Measures of the Portuguese government to support businesses and citizens affected by the COVID 19 pandemic
Here is a document prepared by Carvalho I Matias & Asociados explaining all the relevant information regarding specific COVID-19 measures taken in Portugal: Continue Reading
Legal resources to face the COVID-19 situation in Switzerland
Here is the dedicated page set up and updated by Meyerlustenberger LachenalRechtsanwälte - Attorneys at Law with all the relevant issues related to the pandemia in Switzerland: Continue Reading
Extraordinary measures taken in Italy to fight the COVID-19
Here are the links to the 3 specific newsletters written by Legalitax lawyers concerning the measures taken in Italy to fight the COVID-19 crisis: If you are interested, we are compiling all the relevant information on the dedicated space of our website: Continue Reading
EU261 COMPENSATION IN THE CONTEXT OF COVID-19
One of the questions that airlines must now ask themselves is whether the compensation (“EU261 compensation”) provided for in Article 7 of Regulation No 261/2004 (“Regulation EU261”) is due in the event of cancellation or delay of more than 3 hours related to Covid-19. The right to EU261 compensation does… Continue Reading
Start-up and innovation companies
This article aims to illustrate the introduction of a tax regime for the Start-up and innovation companies, provided by the Italian Government. The concept of Innovative Start-up consists in companies, also not resident in Italy, which has formal and substantial requirements. In particular, to be named as Innovative Start-up, the… Continue Reading
Start-up and Innovation companies
This article aims to illustrate the introduction of a tax regime for the Start-up and innovation companies, provided by the Italian Government. The concept of Innovative Start-up consists in companies, also not resident in Italy, which has formal and substantial requirements. In particular, to be named as Innovative Start-up,… Continue Reading
Belgian UBO register - administration will apply a tolerance policy until 31 December 2019
The Belgian Law of 18 September 2017 (the “Law”) implementing the 4th Anti-Money Laundering Directive of May 2015 (the “4th AML Directive”) has established the Ultimate Beneficial Owners Register (“UBO Register”) in which Belgian companies, non-profit organizations, foundations, trusts and other similar entities have to record their ultimate beneficial owners.… Continue Reading
New Italian Tax Regime For Pensioner
1 Foreword This article aims to illustrate the introduction of a new tax regime provided by the Italian Government to attract foreigners and Italians in retirement living in foreign countries to move their residence to Southern Italy. 2 The new Italian tax regime for pensioners On the 30th of December,… Continue Reading
New Ruling of the CJEU on Extraordinary Circumstances under Regulation 261/2004
On 26 June 2019, the Court of Justice of the European Union (CJEU) has handed down its ruling in André Moens v Ryanair Ltd (C-159/18), holding that a fuel spill on the runway of an airport which led to the runway’s closure falls within the notion of “extraordinary circumstances” within… Continue Reading
Problems for the Brussels International Business Court
The draft bill setting-up the , a proposed specialized English language court for international business disputes (see ), was due to be sumitted to the Belgian House of Representatives at one of the latter’s last sessions before the legislative and European elections due to be held in Belgium on 26… Continue Reading
Real estate transactions across Europe
Real Estate owners, investors, Asset and Property Managers today have a global and European focus when it comes to real estate investments. Being confronted with different legal and tax systems a short practical overview can be helpful for those who are trying to find their way in the different European… Continue Reading
Real estate transactions across Europe
Real Estate owners, investors, Asset and Property Managers today have a global and European focus when it comes to real estate investments. Being confronted with different legal and tax systems a short practical overview can be helpful for those who are trying to find their way in the different European… Continue Reading
Real estate transactions across Europe
Real Estate owners, investors, Asset and Property Managers today have a global and European focus when it comes to real estate investments. Being confronted with different legal and tax systems a short practical overview can be helpful for those who are trying to find their way in the different European… Continue Reading
Real estate transactions across Europe
Real Estate owners, investors, Asset and Property Managers today have a global and European focus when it comes to real estate investments. Being confronted with different legal and tax systems a short practical overview can be helpful for those who are trying to find their way in the different European… Continue Reading
Real estate transactions across Europe
Real Estate owners, investors, Asset and Property Managers today have a global and European focus when it comes to real estate investments. Being confronted with different legal and tax systems a short practical overview can be helpful for those who are trying to find their way in the different European… Continue Reading
Real estate transactions across Europe
Real Estate owners, investors, Asset and Property Managers today have a global and European focus when it comes to real estate investments. Being confronted with different legal and tax systems a short practical overview can be helpful for those who are trying to find their way in the different European… Continue Reading
Real estate transactions across Europe
Real Estate owners, investors, Asset and Property Managers today have a global and European focus when it comes to real estate investments. Being confronted with different legal and tax systems a short practical overview can be helpful for those who are trying to find their way in the different European… Continue Reading
Real estate transactions across Europe
Real Estate owners, investors, Asset and Property Managers today have a global and European focus when it comes to real estate investments. Being confronted with different legal and tax systems a short practical overview can be helpful for those who are trying to find their way in the different European… Continue Reading
Real estate transactions across Europe
Real Estate owners, investors, Asset and Property Managers today have a global and European focus when it comes to real estate investments. Being confronted with different legal and tax systems a short practical overview can be helpful for those who are trying to find their way in the different European… Continue Reading
Real estate transactions across Europe
Real Estate owners, investors, Asset and Property Managers today have a global and European focus when it comes to real estate investments. Being confronted with different legal and tax systems a short practical overview can be helpful for those who are trying to find their way in the different European… Continue Reading
Real estate transactions across Europe
Real Estate owners, investors, Asset and Property Managers today have a global and European focus when it comes to real estate investments. Being confronted with different legal and tax systems a short practical overview can be helpful for those who are trying to find their way in the different European… Continue Reading
Real estate transactions across Europe
Real Estate owners, investors, Asset and Property Managers today have a global and European focus when it comes to real estate investments. Being confronted with different legal and tax systems a short practical overview can be helpful for those who are trying to find their way in the different European… Continue Reading
The drittwirkung or the voluntary renunciation of the ‘right of veto’ of the shareholder affected by a statutory reform
‘As we said yesterday’ , the General Directorate of Registers and Notaries (‘DGRN’) decided on December 4 on the registration criteria for the registration of drag along clauses and, therefore, on any modification of the Articles of Association that will impact on the rights and obligations of the dissenting partner.… Continue Reading
About the inscription on the Mercantile Registry of the "drag along" clause yet again
The freedom of the shareholders to negotiate, derived from the autonomy of the will of the company contract, allows the creation of clauses and rights more or less atypical, in relation to the provisions of the Law on Corporations (hereinafter,”LSC”). One of these clauses is the so-called “drag along” clause.… Continue Reading
Report from the Spanish Data Protection Agency legal department: relevant issues
The Legal Office of the Spanish Data Protection Agency (hereinafter, the "AEPD", its Spanish acronym, has issued a report (0195/2017) on a series of issues related to the impact that the full application, on 25 May 2018, of the Regulation (EU) 2016/679 of the European Parliament and of the European… Continue Reading
Sustainable Development in the Swedish Financial Market
In the last couple of years, development of a sustainable society and environment has become increasingly important within the financial market. For example, such development includes avoiding investments in fossil fuels and instead focusing on sustainable alternatives. In 2015 European politics discussed and drew up new goals on the subject,… Continue Reading
Information Regarding Active and Passive Activity in Swedish Fund Management
The fund market consists of both active and passive managed funds (UCITS and AIFs) available for purchase. Simplified, active management involves an individual manager, co-managers, or a team of managers managing the funds by investing the means of the fund in different financial instruments. A passively managed fund is an… Continue Reading
Spain: Publication of the draft Personal Data Protection Law to replace the Personal Data Protection Law 15/1999
The Ministry of Justice has published the draft Personal Data Protection Law to replace Personal Data Protection Law 15/1999 (LOPD, its Spanish acronym) in order to adapt the Spanish regulations to the General Data Protection Regulation 2016/679 (GDPR), passed by the European Union on April 2016. This draft is submitted… Continue Reading
Liability of a representative for taxes
Liability of a representative for taxes means that a representative of a company may be jointly liable for a company’s taxes. The purpose of introducing this responsibility is that the legislature intended to prevent that representatives for companies, by failing to pay taxes on time, provides the company credit and… Continue Reading
Reform of data protection rules in the EU
The European Commission, European Parliament and the Council and ministers of the European Community has presented a proposal on a new data protection law. The reform consists of two instruments, a General Data Protection Regulation and a Data Protection Directive. The Directive will harmonize laws and also facilitate cross-border cooperation… Continue Reading
Fiscal Representatives (Financial Services Undertakings Exercising a European Right) (Revocation) Regulations 2016 – L.N. 3 of 2016
The Fiscal Representatives (Financial Services Undertakings Exercising a European Right) Regulations issued during year 2004 state that any European credit institution, European insurance undertaking or European investment firm which seeks to provide services in Malta without being resident in Malta and without having a place of business in Malta, shall… Continue Reading
Claim for Deduction of School Transport Fees
Parents of children who are under 16 years of age and who attend a church school or private school are allowed for a deduction against their income in relation to school transport fees paid. Such deduction is available as from 1st January 2015 and is limited to a maximum of… Continue Reading
Expenses allowable for tax deduction purposes will highly depend on presentation of valid VAT invoices.
The 2016 Budget Measures Bill proposes that from year of assessment 2017, all expenses will be considered allowable for tax deduction, only if the invoice/fiscal receipt presented is valid for VAT purposes. Should the new provision be enacted, it will consequently amend Article 14 of the Income Tax Act-“Deductions”, whereby… Continue Reading
General Accounting Principles for Small and Medium-Sized Entities (GAPSME)
The E.U. Single Accounting Directive 2013/34/EU has brought about a new set of financial requirements which repeal the 4th and 7th Accounting Derivatives on individual and consolidated accounts. The aim for this new change is to simplify the preparation of the statutory financial statements for those small and medium entities… Continue Reading
AC Treuhand and the facilitating of cartels
In a the European Court of Justice (Court) has ruled that a consultancy firm can be held liable for a breach of the cartel prohibition. This is the case when the consultancy firm actively and with professional knowledge contributes to the implementation or observance of a cartel agreement between companies… Continue Reading
AML enforcement in Ireland – directors beware and be informed
Money laundering first became a criminal offence in Ireland with the enactment of the Criminal Justice Act 1994. Since then a much more comprehensive anti-money laundering (“AML”) regime has been established pursuant to the Criminal Justice (Money and Terrorist Financing) Act 2010 and the Criminal Justice Act 2013 (collectively referred… Continue Reading
Amendments to the Insolvency law of Latvia
On 15th of October 2014 the parliament of the Republic of Latvia adopted the law “Amendments to the Insolvency law”, which is going to come into force on the 1st of January 2015. In accordance with these amendments, reforms to a natural person’s insolvency process regulation are intended by significantly… Continue Reading
Amendments provided for the Labour law of Latvia
On 23rd of October 2014 the parliament of the Republic of Latvia supported and adopted the law “Amendments to the Labour law”, which is going to come into force on the 1st of January 2015. Major changes to the Labour law are intended with these amendments, which are going to… Continue Reading
The newly introduced Construction law of Latvia came into force on the 1st of October 2014
The newly adopted Construction law of Republic of Latvia came into force on the 1st of October. This law brings major changes to the field of construction. Henceforth the next (second) phase of construction process, after handing in an appropriate construction intention and a building design in a minimum composition… Continue Reading
Denomination of share capitals of Latvian companies into Euro
Until July 1, 2016 all capital companies (limited liability companies and joint-stock companies) registered in the Republic of Latvia are obliged to submit to the Register of Enterprises an edited version of the statutes, in which a value of the share capital is stated in euro. Starting from July 1,… Continue Reading
Rule your own company!
On 15th March 2014 the new Civil Code of Hungary entered into force and it replaced the former Companies’ Act. The new Civil Code posed great challenges for the legal practitioners with its radical amendments a great amount of which affect the operation of companies. To begin with the most… Continue Reading
Hard times for Hungarian general managers?
The new Civil Code of Hungary entered into force on 15th March 2014, replacing the former Civil Code and the Companies’ Act, and among other rules, introduced a new system of liability that affects general managers in Hungary in several ways. Contrary to the unified liability system of the previous… Continue Reading
Amendments to the Norwegian Annual Holidays Act
The Norwegian Parliament (Stortinget) has passed amendments to the Norwegian Annual Holidays Act with effect from 1 July 2014. The reason for the amendments to the Act is Article 7 of Directive 2003/88/EC of the European Parliament and of the Council, which is incorporated into the EEA Agreement. The European… Continue Reading
Guidelines on complaints-handling by insurance intermediaries.
It is the Financial Supervisory Authority of Norway (FSA) who oversees the insurance intermediaries complaints proceedings. The European Insurance and Occupational Pensions Authority (EIOPA) announced on 16 May 2014 "Guidelines on complaints handling by insurance intermediaries”. These guidelines have been prepared with the aim to contribute to a coordinated supervision… Continue Reading
Norwegian regulation on management of Alternative Investment Funds
The Norwegian Ministry of Finance has recently proposed for Parliament a new law on the management of alternative investment funds. The proposal implements the estimated future obligations corresponding to the European Parliament and Council Directive 2011/61/EU, referred to as the AIFM Directive ("Alternative Investment Fund Managers Directive"). The AIFM directive… Continue Reading
Price marketing - the marketing control act section 26, subsection 1 - court of appeal ruling dated 11 april 2014
Early 2014 Gresvig AS, a leading Norwegian franchisor of sports outlets, introduced a Price Match offer for purchases in the G Max and G Sport stores. "Price Match" means that the customer is reimbursed the difference in price when he/she finds the same item at a competitor at a lower… Continue Reading
The new procedure of tele-hearing in Greek courtrooms
With a recent amendment of article 270 of the Code, it has been provided for the first time that the court, at the request of the parties or , may order that parties and their attorneys perform all procedural acts during the without being present in the . This hearing… Continue Reading
Court ruling affects authors’ rights in the media sector
Two very important Court decisions concerning the field of on media sector, which have been recently published, are expected to cause significant changes in that area. More particularly, a well- known journalist, director and producer filed injunction proceedings against two major stations, requesting for the prohibition of the / use… Continue Reading
Court ruling affects authors’ rights in the media sector
Two very important Court decisions concerning the field of on media sector, which have been recently published, are expected to cause significant changes in that area. More particularly, a well- known journalist, director and producer filed injunction proceedings against two major Greek TV stations, requesting for the prohibition of the… Continue Reading
Turkey introduces electronic instructions for use of medical devices
The Turkish Ministry of Health (“the MoH”) has recently shared a Draft Communiqué on the electronic instructions for use (IFU) of medical devices with the industry for comments and suggestions. It can be seen that the Draft Communiqué is based on the numbered 207/2012 of March 09, 2012 (“EU Regulation”).… Continue Reading
Turkish patent institute opts for paperless system
The (TPI) has taken steps towards a totally paperless system with its updated online system, enabling users to file, track and oppose applications in just a few clicks. This makeover, where notifications are also to be communicated electronically, ensures that applications are processed by up to half the amount of… Continue Reading
Certain aspects of the amendment to the VAT law
no. 246/2012 (hereinafter “the Act”) passed on 26th July 2012 amended no. 222/2004 as well as certain other laws, such as , The Commercial Code and Tax Administration Law (Tax Order). The primordial aim of the Act is action against ; provisions of the Act which serve for this purpose… Continue Reading
Russia and Luxembourg have amended their double tax treaty
Russia and Luxembourghave amended their double dated on the 28th of June 1993 with the signature of a new protocol signed on the 21st of November 2011. The main elements of the protocol that follow increaseLuxembourg position for holding investments located inRussia and vice versa (except real estate rich companies… Continue Reading
A legal basis for civil and commercial mediation
In accordance with the requirements of the European Directive 2008/52/EC of the European Parliament and Council of the 21st of May 2008, has adopted on the 24th of February2012 a legislative framework regarding in civil and commercial matters in its New Code of Civil Procedure. The new law defines mediation… Continue Reading
SPF (Private Wealth Management Companies/ Société de gestion de Patrimoine Familial) conditions regime improved
The law of the 18th of February 2012 (the “Law”) modifying the regime applicable to SPFs, as defined by the law of 11th of May 2007, has been voted SPFs are investment vehicles dedicated to private individual investors only who benefit, under certain conditions, from tax exemptions The Law has… Continue Reading
Adoption of the drug policy reform in Slovakia
On September 13, 2011 Slovak Parliament adopted a new Act on Drugs and Medical Devices (hereinafter „the Law“) which, replaced Act No.140/1998 Coll. The Law became effective as of 1st December 2011. The adoption of the law was preceded by wide public discussion and quite strong pressure from the side… Continue Reading