Edvīns Draba

Professional highlights

Banking and financial regulation, fintech projects. I work with a variety of fintech projects and institutions, such as payment and electronic money institutions, crowdfunding and peer-to-peer lending platforms, as well as blockchains and cryptocurrency service providers. In addition, I have advised clients on other regulatory issues in banking and finance, as well as on financing projects.

AML and sanctions compliance. I lead Sorainen’s Sanctions Compliance Practice Group and am a Certified Anti-Money Laundering Specialist (CAMS). I assist financial institutions and other clients with anti-money laundering and anti-terrorist financing (AML) and international sanctions issues, and have advised banks on aligning their client base with AML compliance requirements and implementing a client AML risk assessment system.

Restructuring and insolvency specialist. Having assisted clients in numerous insolvency and restructuring proceedings, including bank insolvencies, I am also the author of many international publications on Latvian restructuring and insolvency regulation. In addition, I have participated in national and international working groups that seek to develop and harmonise the legal framework. As a member of the European association for insolvency and restructuring specialists ‒ INSOL Europe ‒ I hold the position of the Country Coordinator for Latvia within this association and represent Latvia on the association’s Eastern European Countries Committee. Besides, I am a Joint Editor-in-Chief of Eurofenix, the official journal of INSOL Europe.

Licensed patent attorney. As a licensed professional patent attorney specialising in trademarks, I am qualified to represent international clients before the Latvian Patent Authority in trademark-related matters, including international trademark registration applications.