The MICA (Markets in Crypto-Assets) Regulation was formally adopted by the European Parliament on 20 April 2023 and approved by the Council of the European Union on 16 May 2023. The adoption of MICA is in response to the growing need for regulation in the rapidly evolving world of crypto-assets and represents an important step towards building a stable and secure financial system in the EU.
Advertising Law in the Age of Influencer Marketing
Neither Polish nor European legislation explicitly specifies how an influencer should publish their content on social media, and what they should avoid in order not to run the risk of violating Polish consumer protection rules.
TGS Baltic Advises Altero Group Founder and Board Member on Exit to OM Teenused
TGS Baltic has advised one of the founders and sole board member of Altero Group Arturs Kostins on his exit and management handover to OM Teenused. Ellex reportedly advised OM Teenused.
BCGL, Dotlaw, and WBW Advise on Symfonia's Acquisition of Nefeni
BCGL and Dotlaw have advised Symfonia on its acquisition of Nefeni. WBW Weremczuk Bobel and Partners advised the sellers. Nowakowska Muzal reportedly advised Symfonia as well.
The AI Shift: How Technology is Redefining HR
CMS Partners Daniela Kroemer, Dragana Bajic, Tomasz Sancewicz, and Katalin Horvath discuss the growing role of AI in HR across CEE and delve into its current applications, regulatory challenges, and the broader impact on workplace dynamics.
What Is Hindering the Growth of the Digital Asset Market in Serbia – Regulation or Fear of Uncertainty?
Excitement was high when, just over three years ago, the Law on Digital Assets came into effect, positioning Serbia as a pioneer among countries recognizing the development opportunities of advanced technologies that lacked a regulatory framework to reach their full potential. This was followed by a protracted period of enacting secondary legislation, alongside global macroeconomic turbulence, which inevitably impacted the development of industries and markets, especially those that are “young” and insufficiently mature. Despite the enthusiasm and efforts of the local Web3 community and advocates for using digital assets as a tool to boost the national economy, these hurdles appear to have significantly slowed the anticipated growth.
New Legal Framework on the Horizon for Cybersecurity in Serbia
By the spring of 2025, Serbia will likely have a new cybersecurity law. The law is aimed at bringing the national legal framework in line with that in Europe as expressed in the NIS2 Directive (2022). The draft law that passed the process of the public consultation in 2023 and underwent minor additional changes in 2024 (Draft Law) nevertheless differs from NIS2 in certain important aspects.