Vasil Kisil & Partners, Mar 7: Friends of Ukraine, wherever you are now, you can help!
Digital Market in the Crosshairs
The Hungarian Competition Authority ordered online shop Alza to compensate consumers for a total amount 11 times as much as the fine to be paid to the HCA.
The European Union's Council Decided to Exclude 7 Russian Banks from SWIFT System
Following the launch of a military operation against Ukraine by the Russian Federation; EU, US, UK and several other countries began imposing broad economic sanctions against Russia. Another recent and critical sanctions is the European Council’s decision and regulation of March 2, 2022, which removes 7 Russian banks from the SWIFT system.
What to Expect from the Hungarian Competition Authority in 2022?
The Hungarian Competition Authority ("HCA") has published a summary report of its 2021 activities. The HCA opened 51 competition proceedings against 124 undertakings, almost 25% more than in the previous year, and 42 cases were closed in 2021.
Eterna Law Strongly Condemns the Aggression Against Ukraine and Offers Help to Those Who Need It
Eterna Law, Mar 3, 2022: The law firm condemns the armed aggression of the Russian Federation against Ukraine. In any war, wins the one who stands for the truth. And it is Ukraine. The main goal today is to save the lives of Ukrainians and defeat the aggressor.
Motieka & Audzevicius: Information for the Ukrainian Citizens Relocating to Lithuania
Motieka & Audzevicius, Mar 3, 2022
EU Imposes Second, Third and Fourth Sanctions Packages Against Russia in Ukraine Crisis
The EU has ordered further sanctions in response to Russia’s ongoing large-scale invasion of Ukraine. The new sanctions mainly focus on restricting Russia’s ability to purchase certain goods and are designed to have a sensitive impact on the flows of funds towards the Russian state, its government and certain individuals.
Asters: Ways to Support Ukraine Now
Asters, March 1, 2022: On 24 February 2022, Russia launched a full-scale invasion of Ukraine. Not only military facilities, but also civilian areas and objects (residential buildings, hospitals, kindergartens, etc.) are under the indiscriminate attack of the Russian forces.
Notification Changes to Competent Authorities of Significant Net Short Positions
The European Commission has revised the regulations of the net short position reporting and published rules to permanently lower the initial net short position reporting threshold from 0.2% to 0.1% under the EU Short Selling Regulation (SSR). The new threshold took effect on 31 January 2022.
Editorial Note: #StandWithUkraine
The entire CEELM team has been following the war in Ukraine unfold with a deep sense of powerless concern. At such a trying time for all our readers, partners, and friends in Ukraine we at CEELM wish to extend our deepest wishes for their safety and the safety of their loved ones. We still hope this unnecessary conflict comes to a swift and peaceful conclusion.
KNP Law: Lawyers for Ukraine – International Initiative Has Been Launched
KNP Law, February 28, 2022: In 3 days, more than 2000 lawyers from many countries have joined the online lawyer database, which provides free legal aid to those fleeing Ukraine.
New Sanctions Regime against Russia
In view of the gravity of the current situation in Ukraine, the EU has introduced further restrictive measures related to Russia's finance, defence, energy, aviation, and space sectors. This Legal Insight will give you a brief overview of the sanctions regime as of 27 February 2022.
Konieczny Wierzbicki: Ukrainians Staying in Poland – Practical Information
Due to Russia’s armed attack on Ukraine, many Ukrainian citizens have lost or been forced to hurriedly abandon their households and seek help from foreign neighbors. Poland is one of the countries Ukraine has access to almost immediately.
Vasil Kisil & Partners: Charity Funds Helping Ukrainians
Grateful to all of you that have already donated to support those suffering this brutal war. We are receiving many requests on offers to help. Please see below a list of organizations that are working around the clock supporting the people of Ukraine during this brutal war.
Avellum: Statement on the Russian War Against Ukraine
On 24 February 2022, Russia started a full-scale invasion of Ukraine, being part of its aggression against our country commenced in 2014. Europe has not seen armed conflicts of such scale and brutality for decades. Reliable evidence confirms that Russian troops are making indiscriminate attacks including air raids, ballistic missile strikes and bombings. Residential housing, utilities, critical infrastructure are being destroyed all over Ukraine. The United Nations reports at least 240 civilian casualties and 64 deaths in Ukraine as of 26 February 2022. Apart from that, hundreds of thousands of peaceful Ukrainians had to flee violence to Western Ukraine and neighboring countries.
Green Hydrogen in Romania – Embracing the Future
Hydrogen seems to become the new trend in sustainable energy production and there is an effervescence of clean hydrogen production projects across the world. Thus, it is estimated that clean hydrogen could meet 24% of energy world demand by 2050 and there are 750 hydrogen projects in the pipeline of the European Green Hydrogen Alliance. With the European Green Deal aim of climate-neutrality by 2050, decarbonizing the energy sector, which accounts for 75% of greenhouse gas (GHG) emissions, is an essential step, hydrogen being regarded as a key component to deliver decarbonized energy.
Data Protection – An Overview of 2021 and What To Expect in 2022
In Turkey, 2021 continued to be dominated by the COVID-19 pandemic and the various legal difficulties and ambiguities that it brought. This raised several questions on how to apply the Turkish data protection law and related legislation, in particular about how to properly process data on health, vaccination status, and PCR tests.