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NBU relaxes certain restrictions on the Ukrainian FX market
On 24 March 2016 the National Bank of Ukraine (“NBU”) approved Resolution No. 192 ("Resolution 192"), which introduced changes to the NBU's recent Resolution No. 140 dated 3 March 2016 "On Regulation of the Situation in the Monetary and Foreign Exchange Markets of Ukraine"....
EGO 7/2016 and amendments to the construction law and the planning law in Romania
Emergency Government Ordinance no. 7/2016 on several measures for acceleration of the implementation of trans-European transport infrastructure projects, as well as for the amendment and supplementation of certain legislation (“EGO 7/2016”) entered in force on 18 March 2016....
Labour law of the Federation of Bosnia and Herzegovina repealed
The Labour Law which entered into force on 20 August 2015 has been repealed and as of 16 March 2016 will no longer have any legal effect. On 17 February 2016, the Constitutional Court of the Federation of Bosnia and Herzegovina (FBiH) issued a judgment (Judgment ) stating that the Labour Law of FBiH (Labour Law) was adopted in a procedure contrary to the Rules on Procedures of the House of People of the Parliament....
Romania: Final RES-electricity quota for 2015
Since the beginning of 2016, several ANRE Orders were enacted for the regulation of the RES-Electricity market. Please receive the client alert to find out more on: i) the final mandatory quota of green certificates for 2015; ii) the estimated mandatory quota of green certificates for 2016 and iii) the green certificate prices for 2016....
Bosnia and Herzegovina: New system of corporate income taxation in Federation of BiH
The Parliament of Federation of Bosnia and Herzegovina has recently adopted new Law on Corporate Income Tax. Hoping to increase the public revenues, the government increased the tax base and brought significant changes to the system of tax incentives, withholding tax and transfer pricing....
BVergG-Novelle 2015 in Kraft – Überblick über die Änderungen sowie Leitfaden zum Bestbieterprinzip
Die Novelle zum BVergG wurde am 26.2.2016 veröffentlicht und ist mit 1.3.2016 in Kraft getreten....
Cat de sigure si previzibile juridic sunt contractele GAFTA pentru industria agri?
Avem placerea sa va impartasim cateva noutati in legatura cu contractele GAFTA, urmare in special a unor decizii luate de instantele arbitrale GAFTA si de instantele de judecata din Marea Britanie in 2015. Aceste decizii pot avea impact asupra continutului contractelor GAFTA, asa cum ele sunt incheiate de profesionistii din domeniul agri....
Judgment of the constitutional court of the Federation of Bosnia and Herzegovina on unconstitutionality of the procedure of enactment of the labour law
Labour Law enacted by the Parliament of the Federation of Bosnia and Herzegovina, which entered into force on 20 August 2015, shall be returned into the phase of draft proposal according to the judgment of the Constitutional Court of the Federation of Bosnia and Herzegovina....
The new energy security package – A step forward to European natural gas security of supply
On 16 February 2016 the European Commission ('EC') officially presented the new Energy Security Package. The set promotes the EC’s increased role in the energy sector and aims at preventing and mitigating natural gas supply interruptions and increasing the liquidity and interconnection of the European internal energy market. In its current version the package has as a main focus the European natural gas market as it consists of (i) Security of Gas Supply Regulation; (ii) a new and revised Inter Governmental Agreements Decision and (iii) Liquefied natural gas ('LNG') and gas storage strategy....
Noi obligatii pentru comerciantii care desfasoara online activitati economice
Va informam ca acei comercianti care desfasoara activitati economice online (prin incheierea online de contracte de vanzare-cumparare de bunuri ori de prestari de servicii) au, incepand cu ianuarie 2016, obligatii suplimentare in relatie cu consumatorii care beneficiaza de serviciile sau produsele lor....
Restriction of competition by anchor tenants?
The right of an anchor tenant to prevent the lessor letting commercial premises to third parties has been scrutinized by the European Court of Justice. Such commercial lease agreements may have as their effect the restriction of competition....
The European trade mark reform package
Owing to the significant change in the business environment since the establishment of the Community Trade Mark more than fifteen years ago, in December 2015 the European Parliament finally adopted Directive (EU) 2015/2436 and Regulation (EU) 2015/2424 on European Trade Marks....