This review was prepared for Ukrainian refugees by the law firm Karanovic & Partners upon request and in coordination with the international legal network Multilaw and Ukrainian law firm Arzinger. The review is as of March 11, 2022. The review is not a legal advice and is for informational purposes only. For updates, please follow www.multilaw.com and/or www.arzinger.ua

This review was prepared for Ukrainian refugees by the law firm Ilej & Partners in cooperation with Karanovic & Partners upon request and in coordination with the international legal network Multilaw and Ukrainian law firm Arzinger. The review is as of March 11, 2022. The review is not a legal advice and is for informational purposes only. For updates, please follow www.multilaw.com and/or www.arzinger.ua

This review was prepared for Ukrainian refugees by the law firm Kelemenis & Co. upon request and in coordination with the international legal network Multilaw and Ukrainian law firm Arzinger. The review is as of March 11, 2022. The review is not a legal advice and is for informational purposes only. For updates, please follow www.multilaw.com and/or www.arzinger.ua

This review was prepared for Ukrainian refugees by the law firm Lakatos, Köves and Partners Law Firm upon request and in coordination with the international legal network Multilaw and Ukrainian law firm Arzinger. The review is as of March 11, 2022. The review is not a legal advice and is for informational purposes only. For updates, please follow www.multilaw.com and/or www.arzinger.ua

This review was prepared for Ukrainian refugees by the law firm ROWAN Legal upon request and in coordination with the international legal network Multilaw and Ukrainian law firm Arzinger. The review is as of March 11, 2022, will be updated as relevant, also Ukrainian translations will be added. The review is not a legal advice and is for informational purposes only. For updates, please follow www.multilaw.com and/or www.arzinger.ua

The board of directors [“Board”] stands out as a body that undertakes the management and representation duties of a joint stock corporation and is endowed with the power that can affect the interests of the corporation as well as its related parties. Such broad authority brings with it the same degree of responsibility. Although such responsibility mostly results in legal liability, the legislator did not remain silent on the fact that the activities of the Board are directly related to the market economy, and thus, imposed criminal sanctions in connection with the actions of the members. In this respect, the use of management and representation powers by the Board members or their personal actions may lead to criminal liability.

This review was prepared for Ukrainian refugees by the law firm Tsvetkova Bebov & Partners upon request and in coordination with the international legal network Multilaw and Ukrainian law firm Arzinger. The review is as of March 11, 2022, will be updated as relevant, also Ukrainian translations will be added. The review is not a legal advice and is for informational purposes only. For updates, please follow www.multilaw.com and/or www.arzinger.ua

This review was prepared for Ukrainian refugees by the law firm Herbst Kinsky Rechtsanwälte GmbH upon request and in coordination with the international legal network Multilaw and Ukrainian law firm Arzinger. The review is as of March 11, 2022, will be updated as relevant, also Ukrainian translations will be added. The review is not a legal advice and is for informational purposes only. For updates, please follow www.multilaw.com and/or www.arzinger.ua

Soltysinski Kawecki & Szlezak, Mar 14: As announced, the Act on assistance to Ukrainian citizens regarding the armed conflict on the territory of Ukraine was enacted on Saturday. The legislation is effective retroactively as of 24 February 2022. Below is a summary of the changes introduced by the Act.

From promoting a new brand to preserving the market presence of an already established one, User Generated Content (“UGC”) has become an uncanny tool to initiate and preserve consumer engagement. With that, social network providers have transformed from mere conduits of social interaction between individuals, to multifaceted platforms that enable businesses to reach their consumers. As UGC became more and more mainstream, pulled millions of users and created some of the biggest tech companies, many countries try to catch up with regulations such as Turkey.

Emergency Ordinance No. 20/2022 for amending and supplementing certain normative acts, as well as for regulating humanitarian and assistance measures (“GEO 20/2022”) was published in the Official Gazette No. 231/2022.

WKB, Mar 16, 2022: Ukrainian citizens and certain categories of third-country nationals and stateless persons have been granted temporary protection under Council Implementing Decision (EU) 2022/382 of 4 March 2022. Working on the foundations of this temporary protection and in order to implement the Council’s decision, Poland has adopted the Act of 12 March 2022 on support for citizens of Ukraine in connection with the armed conflict in the territory of the said country (the “Special Law”). The Special Law grants Ukrainian citizens a longer period of legal stay in Poland, simplifying procedures related to their employment, decentralizing the registration of Ukrainian citizens and assigning them a Polish national identification number (PESEL), as well as giving access to medical care and many financial benefits, including parental benefits.

Against the backdrop of Russia’s armed invasion of Ukraine, the Council of the European Union has issued Decision no. 382/2022, which establishes the existence of a mass influx of displaced persons from Ukraine and introduces temporary protection. This Decision was published in the Official Journal of European Union on March 4, 2022.

The Russian Federation invasion of the Republic of Ukraine and the consequent economic response from the West has led to negative effects in the business of companies based in the Republic of Croatia.

Significant amendments were introduced to the Communiqué of the Competition Authority on Mergers and Acquisitions Requiring Authorization of the Turkish Competition Board, numbered 2010/4, with the Communiqué published in the Official Gazette on March 4, 2022. In this respect, while the turnover thresholds taken into account in mergers and acquisitions to determine whether Competition Board’s approval is necessary are increased, exceptional rules are adopted in relation to transactions involving technology companies. These amendments will become effective two months after their publication, i.e., as of May 4, 2022.

Acting on the filed request for establishing of the violation of right to personal data protection, the Croatian data protection authority (“Authority”) passed on December 30, 2021, a decision pursuant to which publishing of personal data shall not be held violation of the right to protection thereof provided that it is made for the public interest.

As announced last week, the Turkish Competition Authority has recently amended the legislation relating to the Turkish merger control regime through an amendment communiqué. This piece of additional analysis is to explore the scope of sectors that will be exempt from certain local turnover thresholds, and therefore the concentrations in which will be notifiable in Turkey regardless of magnitude of Turkish operations.

In November 2021, the Green Debt Instrument and the Green Lease Certificate Guidelines Draft [the “Draft Guide”] was submitted to the public opinion. The draft was approved and published with the Principal Decision of the Turkey’s Capital Markets Board [“CMB”] dated February 24, 2022 and numbered 10/296, with some revisions made as per the comments by the market actors.