The European Union has enacted its first comprehensive harmonisation of insolvency law across member states, establishing common standards for avoidance actions, directors' filing obligations, pre-pack sales, creditor committees, and asset tracing.

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.

January 2024 – With the adoption in 2023 of Act C on Hungarian Architecture (the "New Legislation"), Hungary's parliament amended several laws affecting the real estate sector...

July 2025 – On 25 July 2025, the Romanian Parliament adopted Law 141/2025 regulating a series of important fiscal changes that will enter into force starting August 2025, as summarised below.

The Court of Justice of the European Union has issued a landmark ruling clarifying that certain escrow and security arrangements involving fund transfers do not automatically constitute regulated payment services under PSD2. This decision provides crucial guidance for fintech platforms and businesses operating escrow models, potentially reshaping how payment service regulations are interpreted across the EU.

July 2025 – An important regulatory development concerning foreign direct investments ("FDI") in Bulgaria is now in place. As of 22 July 2025, the Bulgarian FDI regime became fully applicable.

On March 13th the EU Parliament adopted the AI Act, marking a significant milestone in shaping the region's AI landscape. The Act will be published in the Official Journal...

In December 2020 Romania announced its official vaccination strategy against Covid-19 (the "Strategy") developed by the National Committee for the Coordination of Activities on Vaccination against ...

A new obligation is established for employers via the template employment agreement. Order no. 585/2021 introduces two changes to the template employment agreement:

As May 2023 marks the fifth anniversary of the implementation of GDPR[1], we have prepared an overview of the five years of regulatory struggle in Romania since the regulation came into effect.

With approximately 20 companies in Serbia set for privatisation in the second half of 2019, now is a good time to review the current provisions of Serbia's Privatisation Law ("Privatisation Law").

In a key ruling, Ukraine's Supreme Court has upheld a previously overturned conditional merger clearance by the Antimonopoly Committee of Ukraine...

February 2019 – From 7 February 2019, the Law of Ukraine on Foreign Exchange and Exchange Transactions (the "FX Law") is in effect. Adopted by the Ukrainian parliament on 21 June 2018,

December 2021 – The December issue of the Ukrainian legal affairs magazine "Yuryst & Zakon" ("Юрист і Закон") features the article by Diana Malysh, a Kinstellar Associate in Kyiv,

As part of the European Commission's agenda to simplify and enhance competitiveness in relation to sustainability reporting obligations under the Corporate...

May 2025 – On 4 April 2025, the European Commission issued its long-awaited decision regarding the e&/PPF case, following an in-depth Phase II investigation that ultimately led to the adoption...

November 2018 – A set of new EU-wide rules facilitating the cross-border free flow of non-personal data within the Union is expected to become effective at the end of 2018 or early 2019.

May 2026 – The European Union's Directive (EU) 2024/825, commonly referred to as the Green Transition Directive (the "Directive")...

Competition and regulatory authorities across Europe are showing renewed vigilance toward the pharmaceutical sector—a field shaped by the intersection of competition law...

Due to favourable evolution of the Covid-19 pandemic in Romania, the authorities have replaced starting with today, 15 May 2020, the state of emergency with the state of alert for a period of 30 days.