Alerts

The Second Chance Directive – possible changes in restructuring proceedings from 17 July 2022

17 May 2022

Legal Alert 4/2022 Polish lawmakers have until 17 July 2022 to implement most of the provisions of Directive (EU) 2019/1023 of the European Parliament and of the Council of 20 June 2019 on preventive restructuring frameworks, on discharge of debt and disqualifications, and on measures to increase the efficiency of procedures concerning restructuring, insolvency and discharge...

The Second Chance Directive – possible changes in restructuring proceedings from 17 July 2022

CCC Amending Act of 2022 – the highlights

17 May 2022

Legal Alert 3/2022 The CCC Amending Act[1] will come into force on 13 October 2022 and will introduce a number of significant changes in the operation of groups of companies and in the rules of the management and supervision of commercial companies. The changes cover the following areas: the law on groups of companies; amendments to the provisions on supervisory b...

CCC Amending Act of 2022 – the highlights

Changes in the tender offers

15 March 2022

LEGAL ALERT  On 9 March 2022, the Sejm (lower chamber of the Polish Parliament) adopted an act amending the Act on Mortgage Bonds and Mortgage Banks and certain other acts, which modifies selected provisions of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and on Public Companies regarding tender offers (the ...

Changes in the tender offers

Important amendments to the AML Act

26 October 2021

On 31 October 2021, certain important amendments to the Act of 1 March 2018 on Counteracting Money Laundering and the Financing of Terrorism (the “AML Act”) will come into force. We invite you to read our alert in which we discuss in more detail four groups of amendments to the AML Act which, in our view, deserve your special attention. Read full alert here: &n...

Important amendments to the AML Act

The protection of whistleblowers

21 October 2021

In 2019, Directive (EU) 2019/1937 of the European Parliament and of the Council on the protection of persons who report breaches of Union law (the "Directive") was adopted, setting out requirements regarding the protection of whistleblowers. The Directive sets 17 December 2021 as the deadline for its transposition into national law. Read the full alert here:   ...

The protection of whistleblowers

The Central Register of Beneficial Owners: new requirements for companies

6 July 2020

The vast majority of Polish commercial companies have until 13 July 2020 to submit information on the identity of their respective beneficial owners to the Central Register of Beneficial Owners. The original April deadline has been extended by three months due to the ongoing state of pandemic. Read the full alert here:

The Central Register of Beneficial Owners: new requirements for companies

New rules concerning control over certain non-EU investments in Poland

25 May 2020

New rules concerning the control of the Polish antitrust authority over investments resulting in the acquisition of control or a significant shareholding in a protected entity by a foreign (non-EU) entity were proposed by the Polish government in a draft of anti-COVID regulations on 22 May 2020. Read the full alert here:

New rules concerning control over certain non-EU investments in Poland