CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
One of the main recent buzzwords in Moldova is AML compliance at the convergence of securities and banking which strictly follows the recommendations of the report from the fifth evaluation round of the MONEYVAL Committee of the Council of Europe, in order to transpose the provisions of Directive 2018/843 of the European Parliament and of the Council of May 30, 2018, as well as updated provisions of the Financial Action Task Force Recommendations.
Sayenko Kharenko, working with the London office of Herbert Smith Freehills, has advised the IFC on two EUR 20 million risk-sharing facilities for OTP Bank and OTP Leasing in Ukraine.
Norton Rose Fulbright has advised Eko-Okna on a PLN 1.6 billion financing made available by a consortium of Polish banks for the expansion of its activities and the development of its manufacturing plants. Clifford Chance reportedly advised the lenders.
Attorney at Law Eirini Stappa has been appointed as the sixth Partner at Greek firm Apostolos Georgiades & Associates in a move announced on July 20, 2023.
Karanovic & Partners has advised the OTP Group on its acquisition of the Ilirika Fund Management Company in Serbia.
Asters has advised the Agrosem Group on a EUR 9.6 million financing from the European Bank for Reconstruction and Development to develop a grain transshipment complex.
SSW Pragmatic Solutions has advised PV Energy Projects on receiving financing from Bank Pekao for the construction of 36 photovoltaic farms. Norton Rose Fulbright advised Bank Pekao.
