TGS Baltic has advised Bondora AS on the process of obtaining a permit from the Estonian Financial Supervision Authority to establish a branch in Slovenia.
New Activity Codes: Administrative Obligations for Hungarian Companies
In July 2024, the Hungarian Central Statistical Office began sending formal notifications via email regarding changes to the statistical codes of various activities. Although the required procedure takes only a few minutes, non-compliant companies may face penalties.
CMS Advises Dutch Good Growth Fund on Regulatory Approval for Acquisition of Bank Lviv
CMS has advised Dutch Good Growth Fund on obtaining the necessary regulatory approval for its acquisition of a significant shareholding in the joint-stock company Joint Stock Bank Lviv. CMS has also advised Bank Lviv on certain transactional documents in the acquisition.
Zepos & Yannopoulos Advises UCI Greece on Renewal of Operating License
Zepos & Yannopoulos has advised UCI Greece Credit and Loans Receivables Servicing Company on the renewal of the company’s operating license by the Bank of Greece.
CMS Advises OMV Offshore Bulgaria on Force Majeure Certificate
CMS has advised OMV Offshore Bulgaria on the permit transfer procedure with the Bulgarian Government and the issuance of a force majeure certificate by the Bulgarian Chamber of Commerce and Industry for the Han Asparuh 1-21 offshore block.
Glatzova & Co Advises Pale Fire Capital on License from Czech National Bank
Glatzova & Co has helped Pale Fire Capital obtain a license from the Czech National Bank for an investment company authorized to exceed the so-called "decisive limit."
Imposing Administrative Fines on Companies or What Is the Reason for Delaying the Adoption of European Values in the Countries of the Western Balkans
The reasoning behind the draft laws not included in the laws those provisions from the EU regulations that can be applied only by the member states of the European Union, as well as those that prescribe obligations only for the member states, is questionable.