CERHA HEMPEL — News

Thomson Reuters Legal Europe has published the annual update (Sept 2025) of the survey compiled by CERHA HEMPEL Banking & Finance Partner Peter Knobl on banking regulation in Austria.

Following our client alert on the amended Euro Introduction Act and its new obligations for businesses, this update provides further guidance in light of the Consumer Protection Commission’s (“CPC”) newly published Guidelines on the application of Article 55b of the Euro Introduction Act (the “Guidelines”), addressing the daily reporting obligations of large retailers and the submission of…

CERHA HEMPEL has joined forces with Codara, an AI start-up based in Vienna, to develop an AI-powered regulatory monitoring tool that can continuously monitor relevant legal sources – from RIS and Findok to EUR-Lex databases. The system is able to process over 1,000 legal documents per week and uses AI models specially trained on legal texts to minimise hallucinations and ensure maximum accuracy.

On 20 August, flatexDEGIRO AG launched its crypto business in Austria. With this step, one of Europe’s leading online brokers expands its offering and now enables Austrian clients to trade around 20 different crypto assets in a simple and transparent manner. 

As of 8 August 2025, the Act on the Introduction of the Euro in the Republic of Bulgaria (the “Euro Introduction Act”) was amended, imposing significant new obligations and increased sanctions on the business. This client alert outlines the updated regulatory obligations and new enforcement mechanisms applicable to businesses in connection with the forthcoming adoption of the euro as Bulgaria’s…

Following amendments made to the Rules on the Implementation of the Investment Promotion Act (the “IPA Rules”) in July 2025, the national screening mechanism for foreign direct investments (“FDI Screening”), which was introduced by an amendment to the Investment Promotion Act in March 2024, became applicable in Bulgaria.

Another milestone transaction. Another headline deal in the sustainable mobility sector. CERHA HEMPEL once again at the forefront - advising Worthington Cylinders GmbH, a subsidiary of Worthington Enterprises, on the sale of its alternative fuels business to Norway-based Hexagon Composites ASA.

CERHA HEMPEL acted as issuer counsel to Permissionless Technologies Inc., a Delaware corporation with roots in Austria, on the successful completion of its USD 1.5 million pre-seed financing round.

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

On Monday, 30 June 2025, we had the pleasure of hosting an inspiring evening at our offices for the presentation of the new book by Univ.-Prof. Dr. Matthias Lehmann and Univ.-Prof. Dr. Christian Koller (both University of Vienna).