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October 22, 2024

Legislative changes for ESG compliance: What does it mean for Bulgarian companies?

Pursuant to the new amendments to the Accounting Act, large companies will also have to disclose non-financial information in their annual reports. This includes reporting on their ESG aspects along with the traditional financial reporting

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Albena Angelova
Alexander Georgiev
Alexander Todorov
Ana-Mari Eremieva
Antoaneta Stoykova
Asen Stefanov
Assoc. Prof. Martin Zahariev, PhD
Bogdan Petrov
Boyana Milcheva
DPC Team
Desislava Krusteva
Dimana Doykova
Donka Stoyanova
Emil Tumbev
Encho Simeonov
Hristo Nihrizov
Ivan Alexander Manev
Julia Kostadinova
Kalina Dimitrova
Konstantin Kostadinov
Konstantin Petrov
Krasimira Ignatova
Maria Trahanarova
Monika Yaneva
Nikola Stoychev
Nikolay Kolev
Nikoleta Stoyanova
Panayot Panchev
Pavel Dimitrov
Pavlina Ivanova
Pencho Stanchev
Petar Stoilov
Plamena Nikolova
Polina Yakimova
Polya Dimitrova
Prof. Dr. George Dimitrov
Radina Tomanova
Rositsa Vasileva
Stefan Vandev
Suzana Vutova
Sylvina Beleva
Tanya Dimova
Tsvetelina Koleva
Tsvetelina Paskova
Vesela Dimitrova
Viktoriya Veleva
Yana Georgieva
Yordanka Dimova
Zoya Todorova
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Publication
10/30/2024

The processing of passenger name records for the purposes of combating terrorism and serious crime: The Bulgarian perspective

Subject:
Privacy and data protection
Published at:
Academic Publisher Za bukvite – O pismeneh, 2024
Edition:
Modern dimensions in the European educational and research data, Volume 12

One of the key characteristics of the modern information society is its interconnectivity – the state borders become less and less relevant. The rapid development of the technologies in the second half of the twentieth century, together with the tendency towards globalization, enabled the people to travel around the world more than ever before. To that end, one of the most popular forms of travel is the air travel. Daily tens of thousands of people travel around the world with aircraft. At the same time, the information related to the reservation for an air journey of a given passanger (passanger name records – PNR) could have significant impact for the competent law enforcement agencies in their efforts to fight against terrorism and serious crime. To regulate how the air carriers should collect PNR and provide it to the competent law enforcement authorities, the EU has adopted Directive (EU) 2016/681. The present paper aims to analyze how this Directive was transposed into the legislation of the Republic of Bulgaria. It focuses on some of the key aspects thereof such as the applicable legal framework, the designation of the competent authorities, the control over these activities, etc.

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Publication
9/9/2024

Important changes in the new Employment Register: a Single Electronic Employment Record (SEER) is introduced

Subject:
Employment
Published at:
HR Manager
Edition:
September 2024

At the beginning of August, the Employment Registration Ordinance (the "Ordinance") was passed, which further develops some of the forthcoming changes to employment law. The changes relate to the introduction of a new employment register at the National Revenue Agency ("NRA") and a single electronic employment record to replace the employment record book. A brief overview of the main changes is provided in this article.

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Publication
8/20/2024

EU: The interplay between DORA and the GDPR

Subject:
Technology & data
Published at:
OneTrust
Edition:
DataGuidance

The Regulation on digital operational resilience for the financial sector (DORA) entered into force on January 16, 2023, and forms an integral part of the European Commission's digital finance package, a package of measures to further enable and support the potential of digital finance in terms of innovation and competition, while mitigating the risks arising from it. DORA will become directly applicable in each Member State from January 17, 2025. In this article, Desislava Krusteva, Partner at Dimitrov, Petrov & Co., gives an overview of the interplay between DORA and the General Data Protection Regulation (GDPR).

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Publication
8/8/2024

Problems with easements under the Energy Act impede investors and delay RES projects

Subject:
Energy infrastructure construction
Published at:
Capital
Edition:
8 August 2024

Unlike traditional easements, which require the existence of two adjacent properties (dominant and servient) and are created by virtue of a contract, easements under the EA arise by virtue of the law. This raises a number of practical issues, such as exactly how the easement arises and how compensation is determined for the owners of the affected properties. However, in the practice of municipalities there is a misunderstanding of the matter, cumbersome administrative procedures and unpredictable requirements of the administration that carries out this activity - which, in turn, impedes investors and delays RES projects. *This publication is in Bulgarian

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Publication
7/18/2024

Dream big and work hard, spare no efforts

Subject:
Career advice
Published at:
WorkTalent
Edition:
Career Barometer

Assoc. Prof. Martin Zahariev, PhD, Partner and Head of IP, shares some career advice based on his perosnal experience for the Career Barometer section of WorkTalent's job and internship platform. *This publication is in Bulgarian.

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