News

DO YOU KNOW WHAT WILL HAPPEN ON OCTOBER 15, 2023?


October 15, 2023, due to the parliamentary elections that take place on that day, is an important day for every Polish citizen. This year, untypically, a nationwide referendum will be held concurrently with the elections. Read more »

Taxonomy, that is everything you need to know about classifying economic activities as environmentally sustainable under EU law


In the recent years, the European Union has increasingly focused on the issues of sustainability and combating climate change. The EU Taxonomy Regulation is one of the key measures aimed at redirecting investment toward greener projects and businesses. The purpose of the taxonomy is to adjust climate and energy investments to the EU 2030 Targets, and to encourage investors to invest in environmentally sustainable activity. In this article you will learn: - what exactly the EU Taxonomy means - who must report on it and to whom, and - what benefits such reporting brings.   Read more »

Are you playing the green game? A few words on the dangers of greenwashing


Greenwashing, the act of misleading consumers by providing false or distorted information about the environmental friendliness of products or a company's actions, is becoming an increasingly pressing issue. Such practices are in breach of the law and ethical standards, and, ultimately, harm the collective interests of consumers. Read more »

DORA - what is it and what does it entail for the banks?


The introduction of DORA (Digital Operational Resilience Act), also known as the Regulation on Digital Operational Resilience, marks a pivotal moment in the banking sector by imposing on credit institutions, i.e., banks, significant cybersecurity requirements. Read more »

FOURTEENTH PENSION MADE PERMANENT!


Starting this year, under the Act of 26 May 2023 on another additional annual cash benefit for pensioners, which will enter into force on 8 August 2023, the additional annual benefit, popularly known as the fourteenth pension (Polish: czternasta emerytura), will become a permanent benefit paid to pensioners once a year. Read more »

New changes introduced to the Polish Code of Civil Procedure – separate proceedings involving consumers


In recent years, almost every “major” amendment to the Polish Code of Civil Procedure has brought a new separate proceedings. Barely three years have passed since the introduction of IP proceedings and the reinstatement of commercial proceedings and civil proceedings practitioners have to assimilate another new institution, this time proceedings involving consumers. Read more »

Revolutionary changes in spatial development and zoning


The amendment to the Spatial Development and Zoning Act signed by the President provides for some fundamental changes. We outline the practical implications for investors of the amended Act. Read more »

Is Safe Credit 2% an opportunity for development of the housing market in Poland?


As of 1 July 2023, the present government‘s flagship programme known as “Safe Credit 2%” comes into force. The programme is part of the government‘s housing policy, which aims to ensure consumer security in the housing market by increasing access to affordable housing for people with incomes not allowing them to buy it on a commercial basis. Read more »
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