CMS has advised the Investment Fund for Developing Countries on its EUR 7 million subordinated debt investment in Bank Lviv.
RTPR and Dentons Advise on RON 3.1 Billion Financing for Electrica
RTPR has advised the syndicate of banks including mandated lead arrangers Banca Transilvania and Banca Comerciala Romana and lenders Raiffeisen Bank, BRD – Groupe Societe Generale, CEC Bank, ING Bank, and Intesa Sanpaolo Bank Romania on a RON 3.1 billion syndicated loan facility granted to Electrica with Raiffeisen Bank also serving as a sustainability agent. Dentons adivsed Electrica.
Marija Zrno Prosic Promoted to CEE Partner at CMS
CMS has promoted Marija Zrno Prosic to CEE Partner in its office in Croatia.
Filip & Company and PNSA Advise on BT Pensii's Acquisition of BRD Medio Fund
Filip & Company has advised BT Pensii on its takeover of the voluntary pension fund BRD Medio. Popovici, Nitu, Stoica & Asociatii advised the Societe Generale Group.
Ellex Advises Finterest Eesti on Credit Intermediary Licence
Ellex has advised Finterest Eesti on obtaining a credit intermediary license from the Estonian Financial Supervision Authority.
Carbon Footprint Under Scrutiny: Can Banks Track the Environmental Impact of Their Clients' Payments
Given the growing emphasis on sustainability and responsible business practices, obligations in the field of ESG are becoming increasingly significant. The banking sector is emerging as one of the key players in this transformation, with evolving regulatory frameworks influencing its operations.
New Law on the Central Register of Beneficial Owners
With the adoption of the Law on the Central Register of Beneficial Owners (“Official Gazette of the RS”, No. 19/2025), which entered into force on 14 March 2025, the legal framework governing this area has undergone significant changes. The application of most provisions is postponed until 15 September 2026, while certain provisions are applicable earlier.