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European Medicines Regulatory Network adopts EU common standard electronic product information

publication date: November 29, 2022

Dissemination of impartial and up-to-date information on all medicines available to patients in the EU through electronic channels

The European medical market currently offers many substances with various medicinal properties, coming from many sources, often purchased from foreign distributors. Medicines are imported by the Member States of the European Union depending on the demand. Due to the multitude and variety of substances available on the medical market, in order to ensure consumer safety, it is necessary to provide access to comprehensive information on the substance admitted to the market, its properties, effects and possible side effects. Both the persons responsible for dispensing the medicine and the consumers purchasing them should have such knowledge.

The European Medicines Regulatory Network has adopted a common standard for electronic product information (ePI) on medicines in the European Union, the initiative aims to provide better and wider access to the database containing data on a specific medicinal substance. The information made available via electronic channels is primarily to be reliable, up-to-date and available to all interested parties. The establishment of common EPI standards in the European Union will streamline the process of providing and updating information provided to patients, consumers and healthcare professionals, thanks to which decisions regarding the consumption of a given substance will be more informed.

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Draft law on family foundations in Poland adopted

publication date: November 29, 2022

The Polish Council of Ministers adopted the draft law on family foundations, submitted by the Minister of Development and Technology.

Who can set up a family foundation?

In Poland, nearly 830,000 of enterprises are family businesses that generate annual revenue of PLN 322 billion. Many of them face, or will face in the near future, the need to transfer their assets to legal successors. A large number of companies also intend to carry out succession, which will allow them to manage their assets in a multi-generational perspective.

In order to effectively carry out the succession, entrepreneurs must have successors who will be able and willing to continue running the business, or at least perform ownership functions in it, entrusting management to a professional management board. Therefore, the Polish government has prepared tools that will allow to build organizational structures that ensure the continuation of business and protection of assets – in a perspective longer than one generation – without the need for personal involvement of legal successors in running a business.

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KIELTYKA GLADKOWSKI TAKES PART IN ADVANCED CRYPTO TRADING STRATEGIES WEBINAR

KIELTYKA GLADKOWSKI takes part in Webinar: Interactive Fireside Chat: Advanced Crypto Trading Strategies, on 8 December 2022

The topics that will be discussed will cover:

  • Investing and trading cryptocurrencies: Which coins offer the best risk/reward?
  • Advanced Crypto Trading Strategies based on Game Theory Optimal Solution
  • Do trend following strategies work for cryptocurrencies?
  • How can artificial intelligence be used to trade crypto?

The speakers will include: Hilbert Co-Founders Magnus Holm (Ph.D. in String Theory and seasoned crypto trader) and Niclas Sandstrom (hedge fund veteran Ph.D. in Theoretical Physics) and Hans-Peter Bermin (Ph.D. in Math Finance and former head of rates modelling at JP Morgan and Morgan Stanley).

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POLISH DRAFT ACT AMENDING THE POLISH ACT ON RENEWABLE ENERGY SOURCES AND CERTAIN OTHER ACTS

The current Polish regulations contained in the Act of February 20, 2015 on renewable energy sources (Journal of Laws 2020, item 261, as amended) (hereinafter: the “RES Act”) do not ensure the effective development of renewable energy sources (hereinafter: “RES”), in areas covered by the draft regulations.

In particular, the prepared draft Act aims to transpose Directive (EU) 2018/2001 of the European Parliament and of the Council of December 11, 2018 on the promotion of the use of energy from renewable sources (Journal of Laws EU No. L 328, of December 21, 2018), hereinafter referred to as “RED II”, “RED II” or Directive 2018/2001.

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Virtual power plants in Poland

A solution to an eternal problem

One might venture to say that no matter where you were on the Earth, you would most likely have a problem with your energy source and electricity. If you were lucky enough to have it, it would probably be too pricy, harmful to the environment, or unstable. As a society, we face a myriad of problems linked to energy and its distribution, e.g. climate change, energy transition, inequality in distribution, blackouts and political abuse. Nowadays, as the whole World is on a verge of an energy crisis, these problems and questions strike even more.

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