Russia’s invasion of Ukraine represents one of the worst security crises in Europe. It is also expected to have far-reaching implications for the global economy, particularly given Russia’s role as the world’s second-largest producer of natural gas. Sanctions will mean higher energy prices in Europe.
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.
Janja Zaplotnik Becomes Equity Partner at Jadek & Pensa
Jadek & Pensa has promoted Janja Zaplotnik to Equity Partner.
Romania: General Guidelines on Protecting Whistleblowers
Like many other European countries, Romania is struggling to implement the EU Whistleblowing Directive and accommodate this game-changing perspective on issues such as corporate fraud and non-compliant business environments. In April 2021, Romania issued a first draft law, which was hotly debated and criticized for reasons including the imbalance between the obligations imposed on the private sector and the scope of the upcoming law.
Ozge Tuncel, Ekin Kotan, Secil Kisakurek, Isil Doganay, and Ece Kocabas Make Associate Partner at KP Law
KPMG's Turkish affiliated law firm KP Law has appointed five new Associate Partners. Ozge Tuncel, Ekin Kotan, Secil Kisakurek, Isil Doganay, and Ece Kocabas have all joined the partnership, as of January 1, 2022.
Cola is the Same Everywhere, Right?
A cola drink bought in the Czech Republic should be the same as one bought in Germany, right? Well from May 2021, this is required by an amendment to the Food Act which has codified a ban on dual quality food into the Czech legal system.
Andrius Digrys Moves to BLRT Grupp as General Counsel
Andrius Digrys has joined BLRT Grupp AS as its General Counsel in Estonia.