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Legal Developments by:
Lansky, Ganzger + Partner (LGP)

  • „Fracking“ – Beitrag zur Energieautarkheit oder Umweltzerstörung in großem Stil?

    Nun hat die Fracking-Welle also auch Österreich im Griff. Während bisher die nationale Erdgasförderung kaum von der Öffentlichkeit wahrgenommen wurde und vielmehr die großen internationalen Pipeline-Projekte und die damit verbundene Versorgungssicherheit respektive die Unabhängigkeit von Russland bzw. von den Transit-Staaten im Vordergrund stand, rüsten sich aufgrund großer Funde im Weinviertel nunmehr Energieunternehmen auf der einen und Umweltorganisationen sowie Anrainer auf der anderen Seite zum Schlagabtausch in Österreich. Der Gesetzgeber reagierte darauf mit einer Novellierung des Umweltverträglichkeitsprüfungsgesetzes durch Implementierung eines neuen Tatbestandes.
    - Lansky, Ganzger & Partner Rechtsanwälte GmbH

Legal Developments in Austria

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Austria: Draft Data Protection Amendment Act 2018 in Appraisal

    National Room for Manoeuvre Despite the GDPR
  • ECB Publishes Practical Fit and Proper Assessments Guide for Board Members of Credit Institutions

    On 15 May 2017, the European Central Bank (" ECB ") published a guide on fit and proper assessments (the " Fit and Proper Guide "), which reflects the result of a public consolidation launched by the ECB on 16 November 2016.
  • First Draft for the New Austrian Data Protection Act Published

    The long-awaited first draft for the new Austrian Data Protection Act, implementing and supplementing the EU General Data Protection Regulation, was finally published on 12 May 2017. 
    - Dorda
  • European Commission Proposes EMIR Reform that will Minimise the Clearing Obligation for NFC and Cert

    On 4 May 2017, the European Commission published its proposal for an amendment of the European Market Infrastructure Regulation (EMIR). The Commission calls the proposed amendment a good example of "better regulation in practice" which is "essential to the creation of the Capital Markets Union (CMU)".
  • Premium Payment Clauses – Surcharges need to be transparent

    The implementation of clauses on short-term premium instalments
    - Dorda
  • Hungary: New Arbitration Legislation?

    The Ministry of Justice has circulated its initiative for improving the legal environment with the aim of increasing Hungary's competitiveness by amending certain regulations and institutions. Among other things, the initiative concerns cross-border mergers and operation of trustees, and generally aims to lighten administrative burdens. Most notably, if adopted in its current form, it will reform the Hungarian arbitration regulation. read more...
  • Significant amendments to Austrian Competition Law – Part I (Overview)

    On 6 April 2017, the Austrian Parliament adopted significant amendments to Austrian competition law, as set forth in the Austrian Cartel Act ("KartG") and the Act on the Austrian Federal Competition Authority ("WettbG"). The amendments concern three main areas: (i) implementation of the EU Damages Directive; (ii) introduction of an additional transaction value test in merger control; and (iii) certain adjustments to strengthen public enforcement of antitrust infringements. read more...
  • ECJ Allows Prohibition of Headscarves at Workplace

    Employers may prohibit their employees from wearing Islamic headscarves and other religious or political symbols, subject to certain conditions. On 14 March 2017, the European Court of Justice (the "ECJ") adopted a corresponding ruling in Luxembourg and decided on two cases in this respect, one dealing with a receptionist from Belgium and the other with a software designer from France. read more...
  • Slovenia Adopts New State Aid Legislation

    Slovenia adopted a new law regulating rescue and restructuring state aid, which entered into force in mid-February. When notified to the European Commission as a state aid scheme, it will allow the Republic of Slovenia to support companies and cooperatives in difficulty without having to notify support mechanisms in accordance with the provisions of the law as an individual aid measure to the European Commission. read more...
  • Individual Tax Rulings Now Possible in Moldova – And They're Binding!

    What previously was impossible and not foreseen by local legislation is now possible. Starting 1 January 2017, the Tax Code of Moldova (the " Tax Code ") was amended by Law 281/2016 to include a separate norm (Art. 136¹) on individual tax rulings (" ITR ") for the benefit of entrepreneurs. Within the limits of its scope and in respect of a concrete beneficiary, an issued ITR is binding on the State Tax Service (the " STS "). The Government and the Ministry of Finance are expected to approve the secondary legislation to regulate the details of the procedure. read more...