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fwp helps find a new mega arena location
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Processing operations
subject to the requirement of a data protection impact assessment.
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Stefan Artner , Partner
and Head of the Real Estate Practice Group, and real estate attorney Klaus Pfeiffer of DORDA advised Austrian Real Estate Development GmbH ( ARE , a subsidiary of
Bundesimmobilien-Gesellschaft, the Austrian privatization agency) on the
acquisition of the Denk Drei office
properties from IC Development . The
successful closing of the forward purchase transaction took place on April 30,
2018. The parties have agreed not to disclose the purchase price.
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Exceptions
from the OBLIGATION TO CARRY OUT A data protection impact assessment
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On 12
October 2017, right in a last minute attempt to win undecided voters for one of
the political parties, the leaving members of parliament enacted a new tax law.
While fundamental changes to the Austrian Tenancy Law had been vividly
discussed between the socialist and the conservative parties in recent years,
the new law on the abolition of stamp duty falls completely short of what could
have been achieved.
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A landmark decision was
issued yesterday (Judgement Bărbulescu v. Romania), a source of debate in the media , in which the European Court of
Human Rights clarified the restrictions on monitoring employees in the
workplace.
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The Hungarian Ministry of the Interior recently submitted a legislative proposal to the Hungarian Government to amend the Act on Hungarian National Security Services (the " Proposal "). The Proposal suggests an amendment pursuant to which investors from non-EU and non-EEA countries who wish to invest in Hungary would have to obtain prior permission from the minister responsible for national security (the " Minister .
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On 13 July 2017, the High-Level Expert Group (" HLEG ") on Sustainable Finance published its interim report (" Interim Report ") setting out concrete steps to create a financial system that supports sustainable investments.
This Legal Insight is part of our dedicated newsletter series on the European Capital Markets Union (" CMU ").
Background
The growing awareness of environmental challenges and sustainability risks as well as the adoption of the UN 2030 Agenda and the conclusion of the Paris Climate Agreement by the EU in 2015 call for an EU strategy on sustainable finance.
Establishing an EU strategy on sustainable finance is a priority action of the CMU. In December 2016, the HLEG was established to advise on the development of such an EU strategy . The recently published HLEG Interim Report was recently presented in a public hearing on sustainable finance on 18 July 2017. At the same time, the HLEG presented an online questionnaire on the Interim Report aimed at obtaining targeted feedback until 20 September 2017, which would be reflected in the final report of the HLEG scheduled for publication by the end of 2017.
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The Serbian Commission for Protection of Competition (the " Commissio n") recently intensified its antitrust activities before the new Administrative Act came into effect. In one week alone the Commission initiated four antitrust cases and conducted two dawn raids.
1. What/who will be on the Commission's radar?
STADIONGASSE 2, 1010 WIEN, AUSTRIA