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20/05/2022
Amended IC­SID Rules to enter in­to force on 1 Ju­ly 2022
On 21 March 2022, the Mem­ber States of the In­ter­na­tion­al Centre for Set­tle­ment of In­vest­ment Dis­putes (IC­SID) ad­op­ted a com­pre­hens­ive set of amend­ments to IC­SID ar­bit­ra­tion and con­cili­ation rules (“IC­SID...
20/05/2022
DEBRA – The new EU tax ini­ti­at­ive aim­ing at pro­mot­ing a fair and sus­tain­able...
With­in the EU a wide­spread asym­metry ex­ists between debt and equity fin­an­cing. Usu­ally, in­terest is tax de­duct­ible from the cor­por­ate in­come tax base while di­vidends do not be­ne­fit from such ad­vant­age...
19/05/2022
War dam­age in Ukraine: all you need to know to ob­tain com­pens­a­tion
Ac­cord­ing to a re­port on 2 May 2022 pre­pared by the Pres­id­ent’s Of­fice, the gov­ern­ment and the Ky­iv School of Eco­nom­ics In­sti­tute, Ukraine had already suffered losses of USD 600bn due to the war. In...
19/05/2022
Can­nabis law and le­gis­la­tion in Ukraine
Med­ic­al use Ex­cept for the lim­ited use of cer­tain can­nabis-based psy­cho­act­ive sub­stances (Nab­i­lone, Nabix­imols and Dronabin­ol) (the “Al­lowed Sub­stances”) for med­ic­al pur­poses, the med­ic­al use of...
18/05/2022
Trade secrets in Ukraine
Gen­er­al 1. Has the Dir­ect­ive (EU) 2016/943 of the European Par­lia­ment and of the Coun­cil of 8 June 2016 on the pro­tec­tion of un­dis­closed know-how and busi­ness in­form­a­tion (trade secrets) against their...
Comparable
13/05/2022
Ukraine to amend le­gis­la­tion to en­sure func­tion­ing of ju­di­ciary dur­ing...
Two draft laws have been re­gistered in the Ukrain­i­an par­lia­ment to en­sure the prop­er func­tion­ing of the ju­di­ciary dur­ing mar­tial law or state of emer­gency in Ukraine: Draft Law “On Amend­ing the...
05/2022
CMS In­fra­struc­ture & Pro­jects Glob­al Bro­chure
To meet do­mest­ic and glob­al growth ex­pect­a­tions a huge amount of in­fra­struc­ture will need to be built, re­built, re­fur­bished or ret­ro­fit­ted. The scale and in­vest­ment re­quired to plug this in­fra­struc­ture...
12/05/2022
10 key as­pects of the re­vised EU com­pet­i­tion law in the field of dis­tri­bu­tion...
The new Ver­tic­al Block Ex­emp­tion Reg­u­la­tion (VBER) and the new ac­com­pa­ny­ing Ver­tic­al Guidelines (VGL) were pub­lished on 10 May 2022. The new VBER will enter in­to force on 1 June 2022 and ap­ply for the...
11/05/2022
The Gen­er­al Court of the EU con­firms the leg­al­ity of the res­cue aid to...
On 4 May 2022, the Gen­er­al Court of the EU con­firmed the leg­al­ity of the Com­mis­sion's de­cision ap­prov­ing res­cue aid of 36.66 mil­lion EUR from Ro­mania to the air­line TAR­OM. It found that the aid was in­deed...
11/05/2022
SF­DR’s Prin­cip­al Ad­verse Im­pacts In­dic­at­ors on course to change
The European Com­mis­sion has giv­en the European Su­per­vis­ory Au­thor­it­ies (“ES­As”) a man­date to re­view the SF­DR Del­eg­ated Reg­u­la­tion in­dic­at­ors for prin­cip­al ad­verse im­pact and the fin­an­cial product...
11/05/2022
SF­DR con­tin­ues to evolve: more gran­u­lar dis­clos­ures to be pro­posed on in­vest­ments’...
Fin­an­cial products with ex­pos­ures in fossil gas and nuc­le­ar en­ergy are likely to have more gran­u­lar re­port­ing re­quire­ments un­der the Sus­tain­able Fin­ance Dis­clos­ure Reg­u­la­tion (“SF­DR”). The European...
11/05/2022
Ukraine has opened prop­erty and com­pan­ies re­gisters and re­sumed trans­ac­tions...
On 19 April 2022, the Gov­ern­ment of Ukraine passed Res­ol­u­tion No. 480 “On Amend­ments to Cer­tain Res­ol­u­tions of the Cab­in­et of Min­is­ters of Ukraine re­gard­ing the Activ­ity of Not­ar­ies and the Func­tion­ing...