Natural gas as a ‘transition fuel’ for Europe on its path towards a zero-carbon economy was supposed to help gradually reduce greenhouse gas emissions. However, this environmentally-sound objective now needs a second look, particularly when gas market developments may affect the viability of new gas-fired generation projects, and when permanent impediments to gas availability may even prevent their uninterrupted and efficient operation.
Educational programmes for ambitious business
Today’s reality is a regular minefield for most businesses. As lawyers we keep a close eye on trends and changes in the business environment. We sense, see, think, and analyse. And we connect the dots.
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Knowledge
PLN Borrowers are taking aim, and it’s WIBOR in the Crosshairs
Recently, rising inflation and increasing loan instalments have been one of the most frequently discussed topics. The latter concern more than 2.5 million people and the total value of loans as of the last quarter of 2021 was estimated at approximately PLN 500 billion.
European Union breaking the RES deadlock | Energy Flash
Building energy independence whilst moving towards a low-carbon economy and combating climate change – this is just one of the major challenges facing European politicians today. While energy prices in Europe are breaking new records, the diversification of supplies of low-emission fuels, such as natural gas, cannot be achieved overnight.
Can WIBOR be replaced by another benchmark in home mortgage agreements only?
Due to rising interest rates and a significant increase in mortgage repayments, several ideas have recently emerged to support borrowers. In particular, according to a preliminary government proposal, in home mortgage loans (including existing ones) the WIBOR benchmark would be replaced with another benchmark, while WIBOR would continue to apply to other types of loan agreements. However, the legal feasibility of such a solution is worth exploring.
Liability of the Russian Federation for its aggression in Ukraine and the potential consequences of the war for Polish business
The Russian aggression in Ukraine has many people enquiring about the possibility of holding the Russian Federation accountable for the acts it has committed in the territory of Poland’s eastern neighbour. Yet, at this stage, what should be considered is not only the actual accountability, but also the ontological fact of the existence of liability, which is an inherent condition for the existence of law.
Q&A | public procurement – support for Ukraine and Ukrainians
Can Contracting Authorities subject to the Act of 11 September 2019 – Public Procurement Law (“PPL”) award contracts for the purpose of assisting Ukrainian nationals without the application of this act? What categories of Contracting Authorities and which contracts related to assistance for Ukrainian citizens are exempted from the PPL under the Special Law? Do Contracting Authorities need to comply with any additional formalities in connection with the award of public contracts exempted from the application of the PPL on the basis of the Special Law? Alert authored by Jakub Krysa.
Significant Changes to European AML/CFT Regulations on the Horizon
Not so long ago, i.e. last year, certain solutions were introduced in Poland via the implementation of the fifth AML Directive, and we are still adjusting to these changes. Nevertheless, another EU package of regulations is in the pipeline, introducing fundamental changes to the regulatory framework of the European AML/CFT system.
Q&A – tax exemptions, reliefs and preferences – support for Ukraine and Ukrainian citizens
We encourage you to read the full alert authored by Agata Dziwisz, Partner, and Head of the Tax Practice at Kochański & Partners. Should you have any questions on this or any other matters, please contact us directly.
Act on Assistance to Ukrainian Citizens in Connection with the Armed Conflict in Ukraine
The President of the Republic of Poland signed the Act on Assistance to Ukrainian Citizens in Connection with the Armed Conflict on the Territory of Ukraine.