CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
This article analyzes the Decision of the Italian Data Protection Commissioner (“Commissioner“) No. 472 of July 17, 2024 (“Decision“), which concerns the monitoring of employees’ official computers and emails, and the protection of personal data in accordance with Italian regulations and the General Data Protection Regulation of the European Union, which was adopted on April 14, 2016, and came into force on May 25, 2018 (“GDPR”).
On December 30, 2024, a new European Union crypto-asset regulation, known as MiCAR (Markets in Crypto-Assets Regulation), came into effect. This regulation establishes unified rules for the crypto-asset market and imposes stricter requirements on crypto service providers. Additionally, on July 1, 2024, a new crypto-asset market law came into force in Estonia (krüptovaraturu seadus or KrüTS in Estonian).
Cobalt has advised CybExer Technologies on a EUR 1.5 million investment from SEB via the Baltic Venture Debt investment program.
Although more than six years have passed since the adoption of the new Personal Data Protection Law (the “Law“), there are still practical uncertainties about when data controllers and processors must appoint a Data Protection Officer (DPO). Additionally, many foreign data controllers and processors subject to the Law have yet to fulfill their obligation to appoint a representative for personal data protection. This lack of compliance makes it harder for individuals to exercise their rights when it comes to the processing of their personal data.
Intellectual property is a broad concept that covers several types of legally recognized rights originating from some type of intellectual creativity or that are otherwise related to ideas. Intellectual property rights are rights to intangible things, i.e., ideas as expressed (i.e. copyrights) or as embodied in a practical implementation (i.e. patents). Fundamentally, intellectual property rights are rights in ideal objects, distinguished from the material substance in which they are instantiated. In today’s legal systems, the key forms of intellectual property are (i) copyrights, (ii) trademarks and (iii) patents.
Dentons and its Turkish affiliate Balcioglu Selcuk Ardiyok Keki have advised Grand Games on its USD 30 million series A led by Balderton Capital with participation from existing investors Bek Ventures and Laton Ventures. Kinstellar's Turkish affiliate KST Law advised Balderton. Baker McKenzie Turkish affiliate Esin Attorney Partnership reportedly advised BEK Ventures.
TurkNet has appointed Merve Oney Barlas as its new Chief Legal, Compliance, and Regulation Officer.
