Focus on: CCD II in Austria
With the ministerial draft of the new Consumer Credit Act (Verbraucherkreditgesetz, VKrG 2026) and the accompanying amendments to the Banking Act (Bankwesengesetz, BWG), Austria is implementing Directive (EU) 2023/2225 on credit agreements for consumers (CCD II). While the VKrG 2026 reorganizes the rules on consumer credit and expands the scope of application as well as …
Doing Business In: Cyprus Market Overview
Nestled in the eastern Mediterranean, Cyprus has long been a sought-after destination for investors seeking a strategic business foothold in Europe and beyond. With its rich history, favourable business infrastructure, strong economy, and appealing opportunities, Cyprus remains an attractive jurisdiction for both domestic and foreign entrepreneurs, organizations, and corporations. Business environment Changes in 2026 versus …
Since gaining independence from the UK in 1960 Cyprus has transformed itself into a successful, modern international business centre. A Member State of the European Union (‘EU’) since 2004, it provides a gateway for investment into and from Europe and, due to its geographic location, it enjoys strong commercial ties with Eastern Europe, the Middle …
Continue reading "Building a justice system fit for the future!"
Before examining Cyprus’ contemporary corporate and commercial landscape, it is essential to understand the historical context that has shaped the country into a business hub. The island’s strategic location has made it a sought-after territory throughout history, with influences from various civilizations. The British colonial era, which lasted from 1878 to 1960, further impacted Cyprus’s …
Continue reading "Cyprus’ Contemporary Corporate and Commercial Landscape"
In the context of environmental law, the remediation of contaminated sites is a key tool for the legal system to restore the integrity of a compromised environment. Italian legislation is based on the European principle of “the polluter pays”, whereby the party responsible for the contamination is identified as the party subject to the obligations …
Continue reading "Environmental responsibility in real estate acquisitions"
The Kosovo Judicial Council, at its 363rd session, decided on 5 May 2026 to commence the functioning of the Administrative Court. The establishment of the Administrative Court finalises the structural reforms of the judiciary in Kosovo and represents an important milestone in the broader development of administrative law. These reforms have largely been undertaken in …
Continue reading "The Establishment of the Administrative Court of Kosovo"