Amendment to the Companies Act
Author: Tim Mušič Kralj We are living in the time of the digital transformation of society, which brings along many changes; its impacts are visible in all subsystems of society – to a large extent also in the economy. The development of digital technology will …
Better Protection of Persons When Disclosing Breaches in the Workplace
Author: Nina Ličen The Whistleblower Protection Act (“ZZPri“) was adopted by the National Assembly on 27 January 2023 and has been in force since 22 February 2023. It transposes Directive (EU) 2019/1937 of the European Parliament and of the Council of 23 October 2019 on …
Longer-Term Arrangements for the Foreign Direct Investment Screening Mechanism Are Being Developed
Author: Gašper Moškotevc In Slovenia, the foreign direct investment screening mechanism came into force in 2020 with the entry into force of the Act Determining the Intervention Measures to Mitigate and Remedy the Consequences of the COVID-19 Epidemic (hereinafter “ZIUOOPE”). This is a procedure in …
Odvetniki Šelih & partnerji contributes to the Clean Energy Tool launched by Simmons & Simmons
The legal and regulatory environment for developing and investing in clean energy infrastructure is complex, rapidly evolving and unclear, yet the demand for renewable energy is rising. To successfully navigate this intricate legal landscape, Simmons & Simmons launched the Clean Energy Tool, which provides reliable, …
Foreign State Aid is Now Subject to Regulation
Author: Miha Hočevar On 28 November 2022, the European Union (“EU”) formally adopted its Regulation on foreign subsidies distorting the internal market (the “Regulation”), with which it aims to effectively address the issue of foreign subsidies that may cause unequal competitive conditions in the internal …
A Step Forward in the Development of the Market for Crowdfunding Providers
Author: Lenart Kmetič Crowdfunding for start-ups and small and medium-sized entities through online platforms (such as Kickstarter) is becoming an increasingly popular and established form of alternative financing. However, the market for crowdfunding service providers has long been subject to self‑regulation or different national regulation …
The New Prevention of Restriction of Competition Act
Author: Ema Patricija Končan On 29 September 2022, the Slovenian National Assembly adopted the new Prevention of Restriction of Competition Act (ZPOmK-2), which transposes Directive (EU) 2019/1 to empower the competition authorities of the Member States to be more effective enforcers and to ensure the …
New Provisions to Be Introduced by the New Consumer Protection Act in Slovenia
Author: Nina Ličen On July 12, 2022, the Government published a proposal for a new Consumer Protection Act (“ZVPot-1“), which is proposed to be adopted under the urgency procedure. The Act is on the agenda of the National Assembly for September 2022. ZVPot-1 will combine …
Lease of Agricultural Land
Author: Nino Bostič Sluga In practice, it was not uncommon for parties to conclude lease contracts for agricultural land, often for free or for a small, nominal lease fee, without complying with the mandatory provisions of the Agricultural Land Act (ZKZ)[1] regarding the content of …
The Investment Funds and Management Companies Amendment Act and the Alternative Investment Fund Managers Amendment Act
Author: Katra Rangus On 24 September 2021, the National Assembly of the Republic of Slovenia adopted the Investment Funds and Management Companies Amendment Act (hereinafter: the “ZISDU-3D“) and the Alternative Investment Fund Managers Amendment Act (hereinafter: the “ZUAIS-B“). Both Acts were published in the Official …
