As the regulatory landscape for crypto-assets undergoes a significant transformation with the European Union's implementation of the Markets in Crypto-Assets Regulation (MiCAR, Regulation (EU) 2023/1114), attention turns to the preparatory steps entities must take to comply with these new standards.

The new provisions on compulsory environmental insurance entered into force on 1 January 2024 through the modification of the Waste and a new Government Decree.

On 16 January 2024, the Law No. 17/2024 amending and supplementing Law No. 237/2015 on the authorisation and supervision of insurance and reinsurance activities, as well as amending and supplementing certain regulatory acts was published in Official Gazette Of Romania No. 36., aiming to strengthen the protection of both policyholders and beneficiaries by ensuring the stability of the insurance market and a greater degree of predictability in the development of each individual company and the insurance market as a whole.

Avellum has advised the Ministry of Finance of Ukraine on a EUR 37.6 million export loan provided under the framework agreement between the Governments of Ukraine and France with the funds being directed towards purchasing rails for Ukrainian Railways from French manufacturer Saarstahl-Rail.

Gide has advised KGHM Polska Miedz on receiving a USD 450 million unsecured working capital loan from Bank Gospodarstwa Krajowego. Deloitte Legal reportedly advised Bank Gospodarstwa Krajowego.

Eversheds Sutherland has advised Bank Pekao on its financing for 7R's warehouse development in Katy Wroclawskie.