Former Deloitte Legal Managing Associate Adam Boross has joined Jalsovszky as its new Head of the Banking and Finance group.
CMS Advises BCR and Erste on EUR 100 Million Financing for Cerealcom
CMS has advised mandated lead arrangers Banca Comerciala Romana and Erste Group Bank AG on their EUR 100 million revolving credit facility for Romania's Cerealcom.
Hope and Preparation in Lithuania: A Buzz Interview with Akvile Bosaite of Cobalt
Lithuania hopes for the best and prepares for the worst by further tightening its banking and fintech regulations, following the latest decisions and position papers issued by the supervisory authority. Despite talks of a recession, the banking and finance market remains active, according to Cobalt Partner Akvile Bosaite.
Recent AML Developments in Moldovan’s Financial Services Sector
One of the main recent buzzwords in Moldova is AML compliance at the convergence of securities and banking which strictly follows the recommendations of the report from the fifth evaluation round of the MONEYVAL Committee of the Council of Europe, in order to transpose the provisions of Directive 2018/843 of the European Parliament and of the Council of May 30, 2018, as well as updated provisions of the Financial Action Task Force Recommendations.
Clifford Chance and Ciftci Advise Lenders on EUR 781 Million UKEF-Covered Financing for Turkiye's High Speed Rail Project
Clifford Chance and its Turkish affiliate Ciftci Attorney Partnership have advised JP Morgan Chase, BNP Paribas, and ING European Financial Services on their EUR 781 million UKEF-covered financing for the Republic of Turkiye's Mersin-Adana-Osmaniye-Gaziantep high-speed rail project.
Sayenko Kharenko Advises IFC on EUR 40 Million Risk-Sharing Facilities for OTP To Support Ukrainian SMEs
Sayenko Kharenko, working with the London office of Herbert Smith Freehills, has advised the IFC on two EUR 20 million risk-sharing facilities for OTP Bank and OTP Leasing in Ukraine.
Tuca Zbarcea & Asociatii and Filip & Company Advise on BT and OTP Financing for Holde Agri Invest
Tuca Zbarcea & Asociatii has advised arranger and financier Banca Transilvania and financier OTP Bank Romania on credit facilities worth RON 30.5 million and EUR 26.7 million for the Holde Agri Invest group. Filip & Company advised Holde Agri Invest.