SWOT analysis of the digital transformation amendments to the Bulgarian Insurance Code by Yordanka Dimova, Senior Associate Rokas (Sofia) On 16 October 2023 the Ministry of Finance launched public consultation regarding the proposed amendments to the Bulgarian Insurance Code (IC). The consultation will last until 15 November 2023. The proposed amendments will strongly affect the...Read More

LAW ON AMENDMENTS AND SUPPLEMENTS OF THE LAW ON THE REGISTRATION PROCEDURE WITH THE CADASTRE OF REAL ESTATE AND UTILITIES by Jelena Pejović, Associate Rokas (Belgrade) In focus: Law on amendments and supplements of the Law on the Registration Procedure with the Cadastre of Real Estate and Utilities and Law on amendments and supplements of...Read More

Energy News – 81st Issue-offshore wind farms The Latest Developments of Offshore Wind Farms in Greece and the EU, Revision of the National Energy Development Plan, Update on Electricity Storage in Greece, Taxation of excess profits of energy producers before Courts 1. Editor’s note 2. Revision of the National Energy Development Plan 3. Update on...Read More

New Directive to tackle Greenwashing by Dr Dimitrios Chatzimichael, Partner (Rokas Thessaloniki) A new directive proposal aimed at addressing the issue of Greenwashing is set to bring about several significant changes for businesses. Our Partner – Head of Rokas (Thessaloniki branch) Dr Dimitrios Chatzimichael has contributed to the LAWYER magazine (pages 45 & 48) published...Read More

Cross Border Insurance Claim Rokas Law Firm has undertaken the successful handling of a cross border insurance claim, brought before the High Court (Kings Bench division) in London against our client, the Greek insurance company Eurolife FFH, in relation to a road traffic accident which occurred in Greece. The English claimant was cycling and crashed...Read More

Energy News – 80th Issue-Control of Energy Transmission Operators 1. Editor’s note2. Albania: Launch of electronic registry for guarantees of origin3. Romania: RES producers require change of Auction Conditions4. Bulgaria: Amendments to the Bulgarian Energy Act5. Serbia: Energy Law Amendment Regarding the Control of Energy Transmission Operators On 26 July 2023, the National Assembly of...Read More

COUNTRY UPDATE – Serbia: Insurance 2023 (Contribution by Aleksandar Mladenovic, Attorney at Law in Rokas Belgrade, published in Thomson Reuters, Regulatory Intelligence, Country update – Serbia: Insurance, August 2023) Does Solvency II apply/Has Serbia implemented Solvency II? As a candidate country for joining the EU, Serbia is obliged to ensure that its laws are compliant...Read More

EU’s Corporate Sustainability Due Diligence Directive EU’s Corporate Sustainability Due Diligence Directive: A Bold Step Towards Responsible Business Practices (Article by Lampros Papaioannou, Associate, August, 2023) On 1 June 2023, the European Parliament adopted the European Commission’s final proposal (COM/2022/71 final) on the Corporate Sustainability Due Diligence Directive (the CSDDD). The CSDDD is part of...Read More

Alkistis Christofilou Interview, 2023 A compelling interview with Alkistis Christofilou: The legislative developments in the EU affecting the insurance industry. Regulations, Data protection issues, the role of AIDA, the impact of FM awards. Interviewed by Βίκυ Γερασίμου, for ασφαλιστικό marketing. “Στην αναθεώρηση της οδηγίας Solvency || και τους κύριους άξονες στους οποίους στηρίζεται η πρόταση...Read More

Latest on EU CSDDD proposal (Article by Panagiota Maragkozoglou, Associate, published in the Corporate & Commercial Newsletter of the ILO on July 31, 2023) Introduction On 23 February 2022, the European Commission submitted a Corporate Sustainability Due Diligence Directive (CSDDD) proposal for the: • issuance of a new EU Directive on corporate due diligence in...Read More