On 24 January 2024, the NEURC adopted the Resolution "On Amendments to Certain Resolutions of the National Energy and Utilities Regulatory Commission (NEURC)" (the "Resolution") to bring the secondary legislation in line with the Law of Ukraine "On Amendments to Certain Laws of Ukraine on Restoration and Green Transformation of the Energy System of Ukraine" No. 3220-IX dated 30 June 2023 (the "Law on "Green" Transformation").

The broader online advertising sector will be affected by the EU Digital Markets Act (DMA) and Digital Services Act (DSA), even though they apply directly only to certain types of organisations, with expanded obligations on the largest organisations.

Exciting developments are on the horizon for the Romanian banking community, as efforts are underway to streamline the framework regulating outsourcing arrangements.

The GDPR generally prohibits the processing of data relating to sexual orientation. In practice, this can be an obstacle to efforts towards inclusion.

On 29 December 2023, the Government of the Republic of Serbia adopted the Regulation on financial support for dual education ("Official Gazette of the RS", No. 120/2023), which entered into force on 6 January 2024 (hereinafter: the Regulation).

The World Economic Forum established the AI Governance Alliance, bringing together leaders from diverse sectors such as industry, government, academia and civil society to support the responsible global development and use of transparent and inclusive AI systems.

Dear readers, during the New Year's rush, it may have escaped your attention that on 29 December, the Amendment to the Medicines Act was published in the Collection of Laws, in volume 203 under number 456/2023 Coll. Barring one exception, which we discuss below, the amendment already went into effect on 1 January 2024.

The Government of Ukraine introduced draft law No.10449 to the Parliament, aiming to improve certain issues of mobilization, military records and military service. The published version of the draft law is not final, however, as of now, the Government is proposing the following changes to the current legislation.

Effective 1 January 2024, the Czech Energy Act (No. 458/2000 Coll.; "EA") mandates notification to the Ministry of Industry and Trade for both direct and indirect acquisitions of elements of energy critical infrastructure. The parties will be under a standstill obligation until the transaction is cleared. Notably, the triggering event is set to 10 % of shares or voting rights or even lower. Let's take a closer look at the new transaction review feature.

Despite their undeniable awareness of importance of intellectual property (IP) for business success, many multinational companies overlook the fact that IP laws vary between countries. This has motivated us to write this article as a memento of IP that can be generated by employees. It explains the general regime related to use of such intellectual property and suggests which legal mechanisms are available to employers in safeguarding their legitimate interests in relation to IP.

Regulation (EU) 2023/956 of the European Parliament and of the Council of 10 May 2023 (the “Regulation”) establishes a carbon border adjustment mechanism. The Regulation imposes new obligations on importers of selected goods from third countries into the EU. The aim of this article is to help entrepreneurs identify whether the Regulation applies to them and, if so, what are the most important obligations it imposes on them.

By Decision No. 361 dated 24 November 2023, the Parliament decided to extend the emergency state on the entire territory of the Republic of Moldova for 30 days, starting on 1 December 2023.

On 15 June 2021, the Hungarian Parliament passed Act C of 2021 on Land Registration that was supposed to enter into force on 1 February 2023. As this deadline neared, it became evident that neither private citizens, companies, lawyers nor authorities were adequately prepared for the change.

A long-awaited amendment to the Czech Medicines Act came into force on 1 January 2024. What practical impact will it have?

With the decision published in the Capital Markets Board Bulletin dated 29.12.2023 and numbered 2023/82 ["Decision"], the amounts subject to revaluation in the Capital Markets Law No. 6362 and related regulations and other regulations were determined for the year 2024.

On 1 January 2024, an amendment to the Labour Code came into force that introduces final liability of the construction contractor for wage claims filed by third parties against its subcontractors. This includes wage claims from any employment agencies, up to the amount of the statutory minimum wage for each employee engaged in activities for the subcontractor.

Last year's "digital amendment" introduced many changes to Czech corporate law. But one change that is often overlooked is the amendment to the Czech Public Registry Act.

Once implemented, those initiatives will require significantly more efforts from parties involved in trade and foreign investments to ensure regulatory compliance. The pursued security aims will lead to enhanced monitoring, assessments and controls being put in place, which will have to be factored into a reframed regulatory compliance approach by affected parties.