In 2024, EU data protection authorities imposed a total of EUR 1.2 billion in fines. This brings the total value of fines to EUR 5.88 billion since the GDPR became applicable, DLA Piper's latest report reveals.* The technology sector has been hit the hardest, with data protection focusing on managerial responsibility and privacy issues in AI tools.
EU Artificial Intelligence Act and Its Impact on Non-EU Entities
Last year, a new regulation on artificial intelligence (“AI Act”) was published in the Official Journal of the European Union. This new AI Act lays down legal framework for the development, placing on the market, putting into service and use of artificial intelligence systems (“AI systems”) in the EU, in order to, inter alia, promote the uptake of human centric and trustworthy artificial intelligence, protect against harmful effects of AI systems and to support innovation.
Batteries, Eco-Design, NIZA, Critical Raw Materials and Much More
Recently, more and more European environmental regulations have been issued, that are directly binding and applicable, with the aim of achieving a circular economy and climate neutrality within a specified period.
Extension of the Applicability of RO E-Invoicing System to B2C Transactions
1 January 2025 marked the entry into force of the obligation for Romanian established taxpayers that carry out taxable operations in Romania to report in the Romanian invoicing System the invoices issued in B2C transactions.
VAT Exemption Threshold Increased in Hungary
The Hungarian Government has made a significant amendment just weeks into 2025 by increasing the VAT exemption threshold for small and medium-sized enterprises (SMEs). Despite the autumn tax package for 2025 remaining silent on this matter, the new limit has been set at HUF 18 million, up from the longstanding HUF 12 million. This increase applies retroactively from 1 January 2025. Taxpayers have until the end of February to opt in for the exemption.
New Obligations for Romanian Employers Regarding the Hiring of Persons with Disabilities
A new regulation, in force from January 28, 2025 establishes additional obligations and reporting requirements on Romanian companies with 50 or more employees in respect of hiring disabled people.
What is to Expect from the Bulgarian Competition Protection Commission in 2025
At the beginning of each year Bulgarian Competition Protection Commission announces (the “CPC”) its priorities. The priorities for 2025 do not differ very much from those set in the previous years and show consistency.
The Year 2024 in Competition and What to Expect in 2025
In terms of competition, the year 2024 was marked by 2 important milestones – the first part of the year, until the appointment of the new Plenum of the Competition Council, during which the authority focused on finalizing some internal issues (rulings and other procedural matters), and the second part of the year, when the new Plenum of the Competition Council started its activity, showing the first signs of the strategy for the next two and a half years.
Green Guarantees in Poland
The Export Credit Insurance Corporation (Korporacja Ubezpieczeń Kredytów Eksportowych; "KUKE") is the only export credit agency in Poland providing export insurance for trade security in high-risk markets guaranteed by the Polish State Treasury, regulated by the Polish Act of 7 July 1994 on Insurance Guaranteed by the State Treasury.
Captive Insurance and its Prospects in Hungary
Captive insurance has experienced significant growth globally in recent years, driven by hard market conditions, emerging risks and increased volatility. Statistics reveal a steady increase in the number of captives over the past four years, rising from 5,879 in 2020 to 6,181 by the end of 2023, according to the Captive Managers and Domiciles Rankings + Directory 2024 published by Business Insurance.[1] Captive insurance companies are also increasingly used by Forbes 1000 and Fortune 500 companies to manage complex and emerging risks.
Telematic Interactive’s Employee Empowerment Strategy
As the first publicly listed Bulgarian company in the gaming industry, Telematic Interactive Bulgaria has set its sights on aligning employee engagement with corporate growth through an ambitious Employee Stock Ownership Plan (ESOP). Being part of the team that advised Telematic on this project, in this article, I’ll provide a detailed look at the motivations behind this decision, the structure of the ESOP, and the intricate legal challenges faced during its implementation.
Legal Profession Modernized: Key Amendment Approved
Today, the Chamber of Deputies approved in the third reading an amendment to the Legal Profession Act. The amendment brings a number of significant changes to the practice of the legal profession in the Czech Republic.
Remote Work – A Legal and Practical Analysis for Romania in 2025
Remote work has transformed from an emergency measure during the pandemic into a mainstream practice, with profound implications for Romania's employment landscape. However, the legal and practical challenges associated with remote work continue to evolve, requiring employers to stay agile and informed.
(Re)Shaping Belgrade
Belgrade’s history is a testament to its resilience and adaptability. Over centuries, the city has been a crossroads of civilizations, with each era bringing new rulers, new ideas, and new architectural styles.
Updates on Eligible Countries for Guest Workers in Hungary
Hungary introduced new regulations for employing guest workers from third countries. These updates specify eligible countries and permit requirements to align with Hungary’s labour market needs and compliance standards.
Significant Changes to Court Fees and Attorneys' Fees in Court Proceedings
The Hungarian Act on Fees and Duties will be changed significantly as of 28 January 2025, which will also affect the fees for court proceedings.
Ukraine: Further ACCA Implementation: New Ukrainian Standards on Market Surveillance and e-Commerce
The Agreement on Conformity Assessment and Acceptance of Industrial Products ("ACAA") is an intermediary step for Ukraine to benefit from the mutual recognition of product quality between the EU and Ukraine until our country becomes a full EU Member State.
Austria: New Supreme Court Ruling on Operating Costs and Indexation Clauses
On 17 December 2024, in a lawsuit brought by a tenant against his landlord for repayment of operating costs and rent increases based on indexation, the Supreme Court ruled (10 Ob 54/24z) that the landlord was obliged to repay the operating costs, but confirmed the validity of the value retention clause and provided some clarification on points that had previously been controversial.