Wolf Theiss

Client Alerts / Newsletters

Newssquare Arbitration Courts Will Not Hear Consumer Disputes

On 27 January 2017 a new bill amending the Bulgarian Civil Procedure Code entered into force (the “Bill”). Among others, the Bill (i) reduces the scope of the competences of the arbitration courts and (ii) sets new requirements for the organisation of those courts' activity. Apart from the Civil Procedure Code, the Bill also amends and supplements the International Commercial Arbitration Act and the Consumers Protection Act.

Newssquare SIGNIFICANT CHANGES TO GREEN CERTIFICATES SUPPORT SCHEME IN ROMANIA

Against a backdrop of hotly debated issues, the Romanian Government brought much-needed changes to the green certificates support scheme (1), by way of Government Emergency Ordinance no. 24 of 30 March 2017 (the "Ordinance"). The scope of the changes is, primarily, to strike a balance between two diverging interests, those of the producers, and those of the consumers, to encourage, ultimately, an increase in demand for green certificates ("GC").

Newssquare SPECIAL LEGISLATION AIMED AT RESCUING AGROKOR IS NOW IN FORCE

On 6 April 2017 the Croatian Parliament passed the Act on Special Administration Procedure for Companies of Systemic Importance for the Republic of Croatia ("Act"), commonly referred to as Lex Agrokor. The Act was published on the same date and entered into force on 7 April 2017.

Newssquare Update on Mandatory Electronic Mailboxes for Legal Entities

As of 1 August 2016, the Slovak Republic instituted the mandatory use of electronic mailboxes (accounts) (hereinafter the "emails") for legal entities. The obligation was introduced by Act No. 305/2013 Coll., on e-Government as amended (hereinafter the "Act on e-Government"), whereby the respective state authority was obliged to activate the emails by 1 August 2016 without any further conditions.

Newssquare Further Pieces of MiFID II Puzzle Fall into Place

TECHNICAL STANDARDS BECOME EFFECTIVE

 

As 3 July 2017 gets closer, and January 2018 is also approaching rapidly, the regulators and the in-scope firms across Europe are well advanced in their efforts for transposing MiFID II.

Newssquare Wolf Theiss International Tax Newsletter - Austria 1/2017

We've arrived at the end of the first quarter, which means it's time for the next issue of our International Tax Newsletter Austria.

Newssquare Host Provider Liability for Hate Speech Posts and Obligation to Deliver User Data

No liability of host providers for unlawful content of internet-users in case of timely deletion of hate speech posts | Obligation to deliver user data in case conviction is possible or not totally excluded

Newssquare MiFID II – Wag Ministerialentwurf – Massive Änderungen

Der Ministerialentwurf (ME) zur Umsetzung des Market in Financial Instruments Directive 2014/65/EU (MiFID II) Paketes in Österreich ist am 31.3.2017 im Nationalrat eingelangt. Die Begutachtungsfrist läuft bis 24.4.2017. Mit dem ME wird die MiFID II in nationales Recht umgesetzt. Kern der Umsetzung ist ein neues BörseG 2018 und ein neues WAG 2018.

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