May 2026 – Kinstellar has recently advised Raiffeisen Bank International on the provision of a double-digit million-euro growth financing to REPLOID Group, an Austrian biotechnology company.
April 2026 – Advent finalises the acquisition of TBI Bank across Bulgaria and Romania. Kinstellar together with Milbank as lead counsel assisted throughout the entire process, including obtaining regulatory approvals in Bulgaria and Romania for the...
April 2026 – EU Member States have adopted the 20th package of sanctions against Russia. The package has a pronounced anti‑circumvention focus and significantly expands measures affecting financial services and crypto‑assets. It is expressly designed...
April 2026 – Kinstellar has advised Raiffeisen Bank International (RBI), one of Austria's leading corporate and investment banks, on a significant Uzbekistan capital markets and regulatory infrastructure mandate.
April 2026 – In a landmark legal development for Uzbekistan, the Ministry of Investments, Industry and Trade has published for consultation the draft Constitutional Law on the Tashkent International Financial Centre ("TIFC") (the "Draft Law") - the...
April 2026 – On 27 March 2026, the President of Uzbekistan signed Law No. LRU-1126 (the “Islamic Banking Law” or “IBL”), marking a historic milestone in the development of Uzbekistan’s financial sector.
March 2026 – Bulgaria has adopted changes to its national legislation implementing EU rules on collective consumer representative actions. A new procedure for collective consumer claims is now in place.
February 2026 – Across most of the European Union, the NIS2 Directive has already become operational reality. Bulgaria’s path to transposition, however, has been materially delayed. The Cybersecurity Act amendments intended to implement the NIS2 Directive...
January 2026 – Directive (EU) 2024/927, commonly referred to as AIFMD II, marks the most significant reform of the Alternative Investment Fund Managers Directive (AIFMD) since its original adoption in 2011. Member States are required to transpose AIFMD...
January 2026 – On 13 January 2026, the National Bank of Ukraine (NBU) announced a new package of updates to the existing currency (FX) restrictions that were introduced in February 2022 in response to Russia’s full-scale invasion.