Given the growing emphasis on sustainability and responsible business practices, obligations in the field of ESG are becoming increasingly significant. The banking sector is emerging as one of the key players in this transformation, with evolving regulatory frameworks influencing its operations.

With the adoption of the Law on the Central Register of Beneficial Owners (“Official Gazette of the RS”, No. 19/2025), which entered into force on 14 March 2025, the legal framework governing this area has undergone significant changes. The application of most provisions is postponed until 15 September 2026, while certain provisions are applicable earlier.

PRK Partners has promoted Daniel Vejsada, Jan Ditrych, Robert Reiss, and Shiyang Zhang to Associate Partners.

North Macedonia’s formal accession to the Single Euro Payments Area (“SEPA”) marks a significant step toward deeper European financial integration. Following the European Payments Council’s (“EPC”) decision in early 2025 to extend SEPA’s geographical scope to include the Republic of North Macedonia, commercial banks and other payment service providers (“PSPs”) based in the country are now eligible to join the SEPA Credit Transfer (“SCT”) scheme. This milestone will enable citizens and businesses in the Republic of North Macedonia to send and receive euro payments under the same efficient and standardized conditions enjoyed across the SEPA area.

The insurance arbitration system is an alternative dispute resolution mechanism aimed at resolving disputes arising from insurance contracts more quickly and efficiently, without resorting to the courts.

On April 24, 2025, Sayenko Kharenko announced that Getin Holding's sale of Idea Bank Ukraine to TAS Group (as reported by CEE Legal Matters on October 25, 2024) has now closed.