Client Alert
The Foreign Subsidies Regulation: Application of the regime as at 12 July 2023
The Regulation (EU) 2022/2560 on Foreign Subsidies Distorting the Internal Market (FSR) formally entered into force on 12 January 2023, but the regime did not apply until 12 July 2023. On the same day, the respective Implementing Regulation (EU) 2023/1441 was published in the Official Journal. The FSR empowers the European Commission to investigate financial […]...
GDPR international data transfers: EU Commission adopts new US adequacy decision
With the new EU-US Data Privacy Framework in place, personal data may again be transferred from the EU to any US-based commercial organization participating in the Framework free of further restrictions or authorizations. On July 10, 2023 the European Commission (EC) adopted its adequacy decision for the EU-US Data Privacy Framework (DPF) (see EC’s press […]...
Slovenia: New FDI Screening Rules
Investment Promotion Act
New FDI screening rules to begin to apply on 1 July 2023 The new FDI screening mechanism introduced by the amended Investment Promotion Act (“ZSInv“) substitutes the legal framework that was introduced in 2020 during the COVID-19 Pandemic, which was temporary in nature. Key Changes Definition of a Foreign Investor and an FDI The new […]...
New rules on recording of work time in Slovenia
*This article is also available in Slovenian (see below). On 22 March 2023, the Slovenian National Assembly adopted the long-awaited amendment to the Labour and Social Security Registers Act (Zakon o evidencah na področju dela in socialne varnosti – ZEPDSV, “Amendment“). The Amendment does not introduce mandatory electronic time and attendance records for all employers, […]...
Legislative Changes in Slovenia Related to Cross-Border Services and Employment of Foreign Nationals
*This article is also available in Slovenian. Act on Cross-Border Services On 22 March 2023, an amendment to the Transnational Provision of Services Act (Zakon o čezmejnem izvajanju storitev – ZČmIS-1, “Act on Cross-Border Services“) was adopted and partially came into force on 18 April 2023, with individual provisions becoming effective on 1 January 2024. The basis for payment of social […]...
Die Umsetzung der Verbandsklagenrichtlinie in Österreich: Womit ist zu rechnen?
Bis zum 25.6.2023 sollen die Umsetzungsbestimmungen der VerbandsklagenRL in den EU-Mitgliedstaaten anwendbar sein. Österreich wird diese Umsetzungsfrist – wie auch mehrere andere EU-Mitgliedstaaten – nicht einhalten. Nachstehender Beitrag beschäftigt sich mit potentiellen Umsetzungsmöglichkeiten der VerbandsklagenRL durch den österreichischen Gesetzgeber. Kollektiver Rechtsschutz und die VerbandsklagenRL Bis zum heutigen Tag ist der kollektive Rechtsschutz in den EU-Mitgliedstaaten […]...
Employment Brief: The first deadline from the Austrian Whistleblower Protection Act is fast approaching
By 24 August 2023, companies in Austria with 250 or more employees must have established internal reporting channels. Key points for employers to consider are the following: Companies with a headcount between 50 and 249 employees have until 17 December 2023 to set up internal reporting channels. Should you have any questions or like further […]...
Employment Brief: Serbia adopts new health and safety regulations
Recently, a new Law on Safety and Health at Work came into effect in Serbia, impacting all employers. This law ensures the implementation of the latest EU standards in terms of safety and health at work (EU Directive 89/391/EEC) as well as harmonisation within current HR regulations in Serbia. Key novelties are:...
Evidence Regulation on the verge of becoming a reality
Securing e-evidence and establishing efficient procedures is key. The E-Evidence Regulation (Council document 5448/23) will enable relevant authorities to address judicial orders for electronic evidence directly to service providers in other member states. Those who fail to respond to these orders within 10 days, or even within 8 hours in urgent cases, will face fines […]...
Employment Brief: Regulatory updates from Slovenia
Slovenia has undergone several legislative changes impacting working parents, foreign employees and posted employees. Here are some of the key changes that you should know about, their scope and affected individuals: Should you have any questions or like further details, please contact our lawyers....
Romania passes new law regarding Urbanism Requirements for Renewable Energy Projects
Legal Background Recognizing the pressing need to rectify certain conflicting provisions within the existing legal framework applicable to the permitting process of renewable energy projects (as previously reported in the Wolf Theiss Client Alert dated January 12th, 2023 available here), Romanian lawmakers have been working since the start of 2023 to introduce legislative amendments to […]...
Croatia introduces new rules regarding work on Sundays
As of 1 July 2023, Croatian retailers must comply with the new statutory provisions regarding retail stores’ working hours, which are primarily aimed at limiting work on Sundays. Amendments to the Trade Act regarding the Sunday working regime were introduced to ensure a better work-life balance for employees and enable those who work in the […]...