Jacek Czarnecki | In Principle

The Act on Trust Services and Electronic Identification is intended to adapt Polish law to the EU’s eIDAS Regulation. Among other things, it repeals the Electronic Signature Act. The new act is part of a broad trend toward creation of a new regulatory framework for digital commerce.

Financial technologies need specific legal solutions and an open approach to the law.

Controversies surrounding application of money-laundering regulations generate legal uncertainty for businesses operating in the field of digital currencies.

Despite introduction of new commercialisation rules in 2014, there are still legal barriers to implementing projects.

Bitcoin opened up a spectrum of possibilities and a legal Pandora’s Box. But block chain—the technology on which Bitcoin is based—generates even greater potential and further legal challenges.

New regulations and interpretations will soon have an impact on equity- and debt-based crowdfunding business models.

Amendments to the Higher Education Law went into effect on 1 October 2014. Among a number of major modifications to the existing operating model for Polish universities, there are new rules for commercialisation of results of research and development and related knowhow.

The Act of 28 November 2014 Amending the Payment Services Act went into force on 29 January 2015. The act introduced major changes for all participants in the payment instruments market in Poland, including a statu¬tory reduction in interchange fees and addition¬al obligations for acquirers and payment card organisations.

To figure out Santa’s secrets, there are modern high-tech devices that might come in handy. But what does the law allow?

Although it is possible for a limited-liability company to acquire its own parent company, the transaction carries legal risk.