If a bank fails to comply with its information obligations in consumer credit agreements, it may be deprived of its right to charge interest and other fees. This applies even if the severity of the violation and its consequences for the consumer varies from case to case.
Bexley Beaumont Advises Vodeno on License and Service Agreement Revision
Bexley Beaumont has advised Vodeno on changes to its contract with a UK bank.
Bonding Against the Storm: Navigating Natural Disaster Risks in Greek Banking
The increasing frequency and severity of natural disasters pose significant risks to financial markets worldwide. In Greece, a country prone to wildfires, earthquakes, and floods, these challenges are particularly pressing. The performance of Greek banks and financial institutions is often negatively impacted by natural disasters. As a result, they are increasingly focusing on integrating natural disaster risk management into their bond loan structures to enhance financial stability and ensure market resilience.
Austria’s Evolving Crypto and Banking Landscape: A 2025 Perspective
Austria’s financial sector is experiencing significant regulatory shifts. These changes are reshaping the landscape for both domestic and foreign entities operating in the Austrian market.
CMS Mints New Partners in CEE
CMS has promoted Romania-based Alina Tihan, Hungary-based Veronika Kovacs, and Bulgaria-based Borislava Piperkova to Partner, as part of its latest promotion round that saw a total of 56 lawyers elevated to partnership ranks.
Shielding Investments: War-Risk Insurance in Ukraine
In the midst of ongoing conflict, one solution is emerging that could be a crucial factor in attracting foreign investment to Ukraine: war risk insurance. Asters Senior Partner Armen Khachaturyan, Dentons Partner Adam Mycyk, Integrites Partner Igor Krasovskiy, and Redcliffe Partners Managing Partner Olexiy Soshenko discuss how this specialized insurance product is shaping the investment landscape.
Bulgaria: Security Over Shareholder Distributions – What’s New?
Financing transactions often involve lenders taking security over the assets of a borrower’s group of companies. The typical security package in Bulgaria includes security over the borrower’s and other relevant group companies’ shares and the receivables deriving from such shares.