Legal news

The amendment of the Labour Code introduces several changes from 1 May 2018.

Today’s qualified (licensed) payment service providers may have their licence withdrawn (revoked) by the Czech National Bank (ČNB) if they fail to prove within a given deadline that they satisfy the conditions for issuing a licence under a new law.

Presidential Decree no 8 of December 21, 2017 "On development of the digital economy" introduces significant improvements for development of the IT industry in Belarus.

A phenomenon known as "systemic bias of administration", which has long been the subject of discussions, is headed for a solution: a proposed amendment to the Administrative Code wants to abolish the possibility to invoke the defense of systemic bias, with the goal to make the decision-making process of administrative authorities faster and more efficient.

Why choosing not to co-sign the loan agreement is not necessarily the right choice? As a principle, debts which are assumed by one spouse during marriage without the consent of the other spouse are not a part of joint marital property. Those who, taking out a loan, want to avert the potential threat of future foreclosure may feel that the simplest solution is to have only one of the two spouses sign the loan agreement. However, this approach, elegant though as it seems at first glance, may trigger unexpected issues.