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CEE Transposition Status of the EU Pay Transparency Directive

May 2026 – The EU Pay Transparency Directive is no longer a distant HR compliance topic. It will require employers to review how pay is set, documented, disclosed and justified, with a particular focus on equal pay for equal work and work of equal value.

Agricultural land restrictions expiring in Bulgaria: New opportunities for energy and infrastructure projects

May 2026 – The decade‑long ban in Bulgaria on the municipal disposal of residual agricultural land remaining after the restitution to former owners - so-called land under Article 19 of the Agricultural Land Ownership and Use Act (“Residual Agricultural...

AI in HR: More time to prepare – not less to do

May 2026 – On 7 May 2026, the European Parliament and Council reached a political agreement to postpone the application of key obligations for high-risk AI systems under the EU AI Act. For standalone systems, including many HR and recruitment tools...

Advent finalises the acquisition of TBI Bank across Bulgaria and Romania. Kinstellar together with Milbank as lead counsel assisted throughout the process

April 2026 – Advent finalises the acquisition of TBI Bank across Bulgaria and Romania. Kinstellar together with Milbank as lead counsel assisted throughout the entire process, including obtaining regulatory approvals in Bulgaria and Romania for the...

EU 20th sanctions package against Russia: Implications for financial services and crypto-assets

April 2026 – EU Member States have adopted the 20th package of sanctions against Russia. The package has a pronounced anti‑circumvention focus and significantly expands measures affecting financial services and crypto‑assets. It is expressly designed...

EU Insolvency Law redrawn: What directive 2026/799 changes and why it matters

April 2026 – Until last week, an investor assessing a distressed exposure in another EU member state had to navigate up to 27 different insolvency regimes, each with its own rules on look-back periods, directors' obligations, asset recovery, and creditor...

Regional report: Energy and natural resources trends in the CEE, SEE, Central and Southeast Asia for the year 2026

April 2026 – We are excited to release the second edition of the Report | Energy and Natural Resources Trends in the CEE, SEE, Central and Southeast Asia for the year 2026.

Kinstellar announces new Partner and Counsel promotions

April 2026 – Kinstellar is pleased to announce the promotions to Partner of Pavel Kornilov (Almaty), Yerlan Akhmetov (Almaty), Olga Šipka (Belgrade), Dominika Bajzáthová (Bratislava), Theodor Artenie (Bucharest), Maksym Tesliar (Kyiv), Mladen Minev...

New rules for collective consumer claims: Implementation of the EU Representative Actions Directive in Bulgaria

March 2026 – Bulgaria has adopted changes to its national legislation implementing EU rules on collective consumer representative actions. A new procedure for collective consumer claims is now in place.

Dual distribution in automotive: Competition law risks and national approaches

March 2026 – This newsletter is the final entry in our three-part series on the legal aspects of transitioning to the agency model (where dealers become “agents” making sales on behalf of manufacturers) within the EU automotive sales sector.