Kinstellar

  Kinstellar is proud to announce a recent series of promotions within our Bucharest office for both attorneys lawyers and tax and finance specialists. These promotions underscore our firm's commitment to recognizing and rewarding our team members who have excelled in developing their practices, shown independence in managing matters, and brought significant contributions to serving our clients' needs. We highly appreciate their efforts and are therefore pleased to announce the following: Promotions to Managing Associate Andrei Balus , Nicoleta Florea , Iunia Nagy , Andrada Popescu , and Corina Stanciu are all promoted to Managing Associate . Their expertise spans across Corporate M&A , Banking and Finance, Tax and Financial Advisory, Real Estate & Construction, Renewable Energy, and Employment and Labour Law, thus strengthening our focus and capabilities in these areas. Andrei Balus specialises in M&A and corporate governance, boasting extensive exper...

  On the implementation of European Union regulations in the area of financial market digitisation (the Digital Finance Act), came into force. This legislation serves as an adaptation act to the EU MiCA Regulation and introduces significant changes to the regulation of crypto-assets and financial markets. Czech National Bank to supervise crypto-asset market Under the Digital Finance Act, the Czech National Bank has been designated as the competent authority for crypto-assets. The Czech National Bank is now responsible for receiving notifications and applications under the MiCA Regulation and exercising supervisory powers over crypto-asset service providers (CASPs), crypto-asset issuers, entities offering crypto-assets to the public and the broader crypto-asset market. Grandfathering provisions for CASPs The EU MiCA Regulation includes grandfathering provisions to allow the existing CASPs to continue their operations while transitioning to full compliance with the new re...