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Ukraine strengthens rights protections for bona fide purchasers

April 2025 – A new law, No. 4292-IX, dated March 12, 2025 (the “Law”), amending the Civil Code of Ukraine (the “Civil Code”), recently came into effect in Ukraine. The Law is designed to increase the level of legal certainty and to protect the...

EU CSRD and CSDDD – Significance of the postponement of the application date

April 2025 – On 14 April 2025, the Council of the EU gave its final green light on the so-called "Stop‑the‑clock Directive" postponing the application dates of the EU Corporate Sustainability Reporting Directive (EU) 2022/2464 ("CSRD") and the EU...

Update on the implementation of CS3D and CSRD, and related local legislative developments in Bulgaria, Croatia, the Czech Republic, Hungary, Romania, and Slovakia

April 2025 – Despite the 6 July 2024 transposition deadline for the full implementation of the Corporate Sustainability Reporting Directive (CSRD), several jurisdictions – including the Czech Republic and Romania – remain subject to infringement...

Discount for the payment of certain tax liabilities in Romania – follow-up

April 2025 – As described in our previous newsletter in September 2024, profit taxpayers and microenterprise income tax taxpayers in Romania benefit from a 3% discount of their annual profit/income tax liability related to fiscal year 2024/the modified...

New obligations for employers in Romania: Fair wages and enhanced prevention and management of workplace discrimination and harassment

April 2025 – In recent years, we have seen several new obligations imposed on employers in Romania, and 2025 will be no different. Starting from January 2025, certain amendments to Romanian labour legislation entered into force, impacting employers...

Kinstellar announces new Partner promotions

April 2025 – Kinstellar is delighted to announce the promotion to Partner of Magdalena Raducanu (Romania), Jan Lehký (Czech Republic), and Kuanysh Shekerbekov (Kazakhstan). 

Kinstellar welcomes Maja Mayrhuber, a leading Austrian tax lawyer, as Partner in Vienna

April 2025 – Kinstellar is delighted to announce that Maja Mayrhuber, a reputable tax lawyer, has joined our newly launched Vienna office as a Partner. Maja’s arrival marks an important step in building our tax capabilities in Austria and driving...

Kinstellar advises KMF on its milestone transformation into a bank

April 2025 – Kinstellar has advised KMF, Kazakhstan’s largest microfinance organisation, on obtaining the regulatory approval for its voluntary conversion into a second-tier bank. The approval, granted by the Agency for Regulation and Development...

Kinstellar Bulgaria: Banking, Finance & Capital Markets briefing

April 2025 – Kinstellar routinely monitors developments in finance, commercial, and contract law and in key regulatory areas relevant for financial institutions in Bulgaria in order to provide the most up-to-date information to our clients operating...

Dive into the latest competition law updates in Romania

April 2025 – In the first quarter of 2025, the Romanian Competition Council (“RCC”) published several significant decisions, launched new investigations, and imposed fines in cases involving abuse of dominant position, price coordination, and other...