INSIGHTS
In the Know.

Search by

Browse through a selection of articles from our legal experts on topics of interest to investors and businesses in our region.

Czech Republic: UBO follow-up obligations

December 2021 – The obligations of a statutory body arising from Act No. 37/2021 Coll., on the registration of ultimate beneficial owners (the “UBO Act”), are not fulfilled by merely registering the ultimate beneficial owners in the relevant register....

Ukraine: The deadline to fulfil UBO disclosure requirements extended until July 2022

October 2021 – On 10 October 2021, Law of Ukraine No.1805-IX “On Amendments to the Law of Ukraine on the Prevention and Counteraction to the Legalisation (Laundering) of Proceeds from Crime, Financing of Terrorism and Financing of the Proliferation...

Ukrainian legal entities must disclose their UBOs - The form of ownership structure has been adopted

9 July 2021 – On 11 July 2021, an Order of the Ministry of Finance of Ukraine dated 19 March 2021 “On approval of the Regulation on the form and content of an ownership structure” enters into force. The Order sets out the required details concerning...

Summary regarding the introduction of the ultimate beneficial owners registry

July 2021 – After a long preparation, Hungary has introduced the ultimate beneficial owner’s registry (“UBO Registry”), in line with the 4th anti-money laundering directive of the EU, by Act XLIII of 2021 on the establishment and operation of...

Kinstellar Sofia authors the Bulgarian chapter of Kluwer’s Corporate M&A guide 

June 2021 – Kinstellar’s team in Sofia once again authored the Bulgarian chapter of Corporate Acquisitions and Mergers publication by Wolters Kluwer International Group. This manual – the largest and most detailed database of M&A know-how available...

Law resuming large-scale privatisation in Ukraine signed by the President

April 2021 – On 29 April 2021, the President of Ukraine signed the Law of Ukraine “On Amendment to Section V ‘Final and Transitional Provisions’ of the Law of Ukraine on the Privatisation of State and Municipal Property for the resumption of auctions...

Romanian 2020 - 2021 Tech M&A Considerations

April 2021 – The acceleration of the digital economy will prompt companies to change their strategies and fuel M&A opportunities in the technology sector. Our team in Romania has assisted clients on a number of tech transactions and has summarised...

Czech Republic: Securing parent company debt in light of a significant amendment to the Business Corporations Act

February 2021 – On 1 January 2021, a significant amendment to Act No. 90/2012, Coll., on Businesses and Cooperatives (the “Business Corporations Act”) entered into effect. Among other changes, the Act introduces a new Section 40 (5) prohibiting...

Czech 2020 Tech M&A Considerations

December 2020 – At Kinstellar Prague, we believe that the acceleration of the digital economy will force companies to change their strategies and fuel M&A opportunities in the technology sector. In 2020, we have already assisted clients with dozens...

Slovakia: Important changes to the Commercial Code

October 2020 – A major amendment to Slovak Act No. 513/1991 Coll. Commercial Code (the “Commercial Code”) and related legislation entered into force on 1 October 2020. Below we provide a summary of key changes that may affect many entities carrying...