Former Baker McKenzie Senior Associate Katerina Schenkova has joined Thyssenkrupp as its new Regional Compliance Officer.

In the middle of July 2024, the Ministry of Energy announced that the Government will make it mandatory for manufacturers of batteries and their components, as well as battery waste managers, to carry out an environmental impact assessment procedure.

As of the 2024 financial year, companies in Hungary are facing new and stringent ESG (Environmental, Social, and Governance) reporting requirements under Act CVIII of 2023 (ESG Act). While large companies may already be familiar with the relevant EU directives (notably the CSRD and the CSDDD), the Hungarian regulations present unique challenges, especially for local subsidiaries of multinational corporations.

In a world where business operations frequently cross borders, the role of legal strategy becomes critical in navigating complex regulatory and political landscapes. Drawing on their professional experience, Envista Holdings Corporation Senior Legal Counsel Karel Budka and Head of General Legal at Zentiva Pawel Borowski held talks at the CEE Legal Matters GC Summit that took place in Warsaw on April 25-26, 2024. Budka explored the depths of managing foreign direct investment subsidy applications and Borowski looked at the implications of adapting to evolving sanctions.

Compensa Life Vienna Insurance Group SE Head of Legal Baltics Gabija Kuncyte discusses the evolving landscape of cybersecurity and its increasing significance within the legal and financial sectors.

Whistleblowing is currently a hot topic in Poland. After nearly three years of delay, Poland has finally implemented the EU Whistleblowing Directive 2019/1937.