Walless has advised Finnish financial technology company Saldo Bank – formerly Saldo Finance UAB – on the establishment of its banking operations in Lithuania. 

Prague-based Attorneys Tomas Bures and Jan Varecha and Bratislava-based Attorney Eva Hromadkova have been appointed as Associate Partners at PRK Partners.

Avellum has supported the action group led by Ukraine’s Ministry of Finance and the State Financial Monitoring Service in its efforts towards the adoption of restrictive measures against Russia by the Financial Action Task Force.

The Russian invasion is still ongoing, affecting all areas of life in Ukraine, but there are slivers of hope and reasons to stay positive and optimistic, according to Kinstellar Partner Alla Kozachenko.

Amidst a wave of reorganizations and restructurings in the country, new businesses are looking to enter Slovakia – but have to face its new FDI screening mechanism. Despite the slight economic downturn, there is yet reason to hope for better days, according to DLA Piper Country Managing Partner Michaela Stessl, especially given the prospects of the automotive sector.

Sorainen has successfully advised the receivership estate of EminiFX in recovering and repatriating approximately EUR 60 million in Bitcoin to the victims in an ongoing case where US authorities are targeting a crypto-related Ponzi-like scheme.