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CERHA HEMPEL Newsletter September 2021

Keep up to date with the latest legal developments in Austria, Belarus, Bulgaria, the Czech Republic, Hungary, Romania and the Slovak Republic with our CEE newsletter.

AUSTRIA

Condominium Amendment Act 2022

After almost 20 years, the Condominium Act (Wohnungseigentumsgesetz) is being amended again. Mark Krenn and Marko Vladic summarise the objectives and changes to the Condominium Act.

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BELARUS

The Law On Personal Data Protection has finally been passed

Law No. 99-Z On Personal Data Protection was adopted on 7 May 2021. Sergei Makarchuk outlines the most notable provisions.

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BULGARIA

The banking sector in Bulgaria must consider new statutory limitations

Boyko Gerginov sums up a recent amendment to the Bulgarian Obligations and Contracts Act that introduced the concept of an absolute statutory limitation period into Bulgarian private law.

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CZECH REPUBLIC

The Markets in Crypto-Assets Regulation (MiCA)

David Kučera summarises the Markets in Crypto-Assets Regulation (MiCA) proposed by the EU Commission for regulating crypto assets.

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HUNGARY

Register of beneficial ownership comes to Hungary

On 21 May 2021, Act XLIII of 2021 on the Creation and Operation of a System of Data Reporting for Identification by Financial and Other Service Providers took effect. Dr. Zsanett Szabó and Dr. Wilhelm Stettner outline the key points.

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ROMANIA

Amendments to labour legislation

In May, the Romanian Government issued two Government Emergency Ordinances in the labour field intended to provide employers with opportunities to ensure flexibility when dealing with issues regarding employment, such as signing different employment documents or the transition to teleworking. Mirela Nathanzon presents the key amendments.

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SLOVAK REPUBLIC

New competition act in Slovakia

With effect from 1 June 2021, the Slovak legislator adopted a new competition act with the intention of bringing this field of Slovak legislation into line with EU law and practical needs. Jozef Bannert sums up the most important changes.

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Download our complete CERHA HEMPEL CEE newsletters:

September 2021

June 2021

March 2021

December 2020

September 2020

June 2020

March 2020

December 2019

October 2019

June 2019

March 2019 Special Issue on Real Estate

November 2018

October 2018 Special Issue on Real Estate

July 2018