MFW Fialek has advised the V4C private equity fund on collateral provided for the purpose of financing from mBank. Additionally, the firm advised V4C on raising capital from IFC. Clifford Chance, working with Van Campen Liem, advised mBank.
Norton Rose Fulbright Advises Nedbank on Refinancing of EPP Group’s Shopping Centre in Olsztyn
Norton Rose Fulbright has advised Nedbank Limited on the refinancing of EPP Group's retail real estate portfolio, focusing on the Power Park Olsztyn shopping center in Olsztyn, Poland. Dentons reportedly advised EPP. CMS reportedly advised mBank as the existing lender.
Clifford Chance Advises on Albaraka's Establishment of USD Sukuk Program
Clifford Chance has advised arrangers and dealers Emirates NBD Capital and Standard Chartered Bank on the establishment of Albaraka MTN Ltd.'s Shari’a-compliant trust certificate issuance program with Albaraka Turk Katilim Bankasi as the obligor.
Cobalt Promotes Edgars Pastars to Partner and Head of Financial Regulatory Practice
Cobalt has promoted former Specialist Counsl Edgars Pastars to Partner in its office in Latvia. Pastars will also Head the firm's Financial Regulatory and Compliance Practice.
Clifford Chance and Greenberg Traurig Advise on Debt Refinancing and Financing of Agora's Acquisition of 49% Stake in Eurozet
Clifford Chance has advised the lenders on the debt refinancing and financing of Agora's acquisition of a 49% stake in Eurozet. Greenberg Traurig advised Agora.
New Regulations on Online Payments in Hungary: What You Need to Know
In July 2024, the Hungarian Government introduced significant changes to the regulations governing online payments, aiming to enhance consumer protection and the security of electronic transactions.
Poland: DORA Compliance Deadline Approaches
The Digital Operational Resilience Act (DORA), along with the NIS2 directive, is a crucial piece of European legislation aimed at strengthening cybersecurity within the EU. While NIS2 focuses on a broader range of critical sectors, DORA specifically targets the financial sector, establishing a robust framework to ensure that regulated financial entities can withstand, respond to and recover from disruptions and threats related to information and communications technology (ICT). DORA complements other EU regulatory frameworks by introducing standardised requirements for digital operational resilience, which financial entities must incorporate into their risk management strategies by its effective date of 17 January 2025.