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

Czech Constitutional Court overturns COVID-19-related store closures

February 2021 – On 22 February 2021, the Czech Constitutional Court overturned a government-decreed general ban on retail sales and the provision of services in certain brick and mortar shops introduced in response to the COVID-19 pandemic. Governmental...

A temporary stop to land transfers in Romania? The humble soil quality certificate

February 2021 – While market’s attention has been drawn to the new pre-emption rights and the like introduced by the government to curtail sales of agricultural land, a far more ominous legislative change occurred with little fanfare: Law 246/2020...

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...

Public consultation on draft operational procedures and principles of the Turkish green certificate system and market

February 2021 – The Turkish Energy Market Regulatory Authority (“EMRA”) has initiated a public consultation process in relation to the draft operational procedures and principles regarding Turkey’s green certificate system and the introduction...

Spotlight on Uzbekistan: Kinstellar’s regular look at the Uzbek market - January 2021

February 2021 – Spotlight on Uzbekistan: Kinstellar’s regular look at the Uzbek market.

Crucial changes to Czech UBO Register legal framework – Sanctions apply from 1 June 2021

February 2021 – The Czech parliament has recently passed a new Act on UBO Register, no. 37/2021 Coll. (the “New UBO Act”) effective from 1 June 2021, which implements the EU’s Anti-money Laundering Directive no. V (AMLD V). From 1 January 2018...

New Turkish-Lira tariff scheme for renewable energy projects in Turkey

February 2021 – On 30 January 2021, Presidential Decision No. 3453 (the “Decision”) was published in Turkey’s Official Gazette and entered into force on the same date. The Decision is based on the authority granted to the Turkish president on...

Two-minute recap of recent developments in Turkish Data Protection Law – January 2021

Feburary 2021 – In January, the most remarkable announcement of the Turkish Data Protection Board (the “Board”) was in relation to the new privacy policy of the messaging and VoIP platform WhatsApp. Another important development was the Board’s...

Serbia: New draft RES law – Contours of the new support scheme for renewable energy sources

January 2021 –  The Ministry of Mining and Energy (“Ministry”) has published the Draft Law on Renewable Energy Sources (“Draft RES Law”) following its recent adoption of guidelines relating to the Draft RES Law (“Guidelines”). The Draft...

Slovakia: Slovak Prosecutor General challenges exemptions granted by Public Health Authority decrees

January 2021 – Slovakia’s Prosecutor General, Maroš Žilinka, has filed a prosecutor's protest against parts of two decrees of the Public Health Authority (decree No. 67/2020 dated 27 December 2020 and decree No. 7/2021 dated 10 January 2021) concerning...