Recent Articles

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  25/04/2024

  Sweden

  Cyber and Information Security - Update of the NIS Directive (NIS2)

  The so-called NIS Directive[1] has been updated through the NIS2 Directive[2], which is set to be applied no later than October 18, 2024. The update aims to enhance the overall cybersecurity level of the EU and entails tightened requirements for actors in both the private and public sectors.Further developments of the implementation of the NIS2 Directive in SwedenOn 14 December, 2022, the European Parliament and the Council adopted the NIS2 Directive, which constitutes an EU-wide legislation on cybersecurity. As a result of the adoption of the NIS2 Directive, the Swedish government appointed a...

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  25/04/2024

  Germany

  Interpretation vs. decision-making? Bavarian Highest Regional Court rules on power of state courts and its limits to interpret and clarify operative part of arbitral awards in recognition proceedings

  In a decision on an application for declaration of enforceability of a domestic arbitral award on agreed terms, the Bavarian Highest Regional Court (BayObLG) recently addressed the power of state courts and their limits to interpret and clarify the operative part of arbitral awards. The ruling also clarified the requirements for formal service of an application for declaration of enforceability on the respondent and on the admissibility of penalty interest.Facts of the caseIn an arbitration concerning remuneration claims for corporate finance services, the Claimant sought payment from the Respondent,...

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  25/04/2024

  Hungary

  Hungary’s amended ESG Act to enter into force on 25 April 2024

  The following is a summary of the key changes made to Hungary’s ESG Act.Standardised ESG questionnaireCompanies may find it difficult to collect and analyse ESG data in light of the numerous questionnaires to assess sustainability risks, investments, access to finance and supply chains. In practice, these questionnaires vary in scope, depth and information standards, and are challenging to complete, and non-compliance can result in loss of resources and business relationships.As a result, the amendment introduces a single uniform questionnaire for Hungarian companies to report ESG-related...

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  25/04/2024

  Turkiye

  Data protection reform in Türkiye: a step towards alignment with EU’s GDPR

  In a major step towards compliance with the EU's General Data Protection Regulation (GDPR), on February 16, 2024, lawmakers in Türkiye submitted a Law to the General Assembly of the Turkish Grand National Assembly (TGNA) as part of the 8th Legislative Package on long-awaited amendments to the Personal Data Protection Law No. 6698 (LPPD). The amendments were approved on March 1, 2024 by TGNA, and the Law was published in the Official Gazette on 12 March 2024 following confirmation by the President of the Republic of Türkiye.The most important changes in the Law, which significantly facilitate...

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  25/04/2024

  Singapore

  Key changes to Cybersecurity Law to be introduced in Singapore

  On 3 April 2024, the Cybersecurity (Amendment) Bill No. 15/2024 (“Bill”) was introduced in Parliament (the Bill can be found here). The Bill proposes to amend the Cybersecurity Act 2018 (“Cybersecurity Act”), which establishes a legal framework for the oversight of Singapore’s national cybersecurity.The objective of the Bill is to ensure the Cybersecurity Act keeps pace with developments in Singapore’s cyber threat landscape and business environment. The proposed changes follow after extensive stakeholder and public consultations that took place dating back to...

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  25/04/2024

  United Kingdom

  No two (or more) ways about it: UK Patents Court highlights the importance of clear and consistent design images

  Introduction  A recent judgment from the UK Patents Court serves as a helpful reminder that clarity and consistency of visual representations are essential, when filing for design registrations.In the case of Safestand Ltd v Weston Homes PLC & Ors [2023] EWHC 3250 (Pat), the court dealt with allegations of patent infringement and the validity of registered designs related to builders' trestles. The claimant, Safestand, argued that Weston Homes infringed three of its patents and three of its re-registered EU designs (“RRDs”, previously known as Community Registered Designs)....

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