Edvīns Draba
Language
Services
Sectors
Country
About me
As a senior associate with the firm’s Finance & Insurance practice group and a licensed professional patent attorney specialising in trademarks, I also co-head our CIS/Russian Desk in Latvia.
Professional highlights
Work with fintech projects. I have been working on diverse fintech projects and institutions, such as payment and electronic money institutions, crowdfunding and peer-to-peer lending platforms, mobile payments, blockchain and cryptocurrencies. In addition, I have advised clients on other regulatory matters in the banking and finance field, as well as in secured lending projects.
Advising financial institutions on new regulation. I have assisted large financial institutions and other clients on anti-money laundering (AML), countering terrorist financing and on international sanctions issues, including advising banks on remediating the customer base and implementing a customer AML risk-scoring 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. In 2012, I won the Richard Turton Award, a major award for young professionals under 35, in restructuring and insolvency, as the first winner from Latvia.
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.
Academic background
- Compliance Baltic, ‘Anti-Money Laundering and Counter-Terrorism Financing (AML&CTF) for Banking Specialists’
- University of Latvia, Latvia (LLB, LLM)
I am a member of
- INSOL Europe
- The Association of Latvian Professional Patent Attorneys
- Eurofenix (official journal of INSOL Europe) – Joint Editor-in-Chief
Deals & Cases
-
Debt recovery during insolvency proceedings
Deals & Cases -
Andele Mandele PAY registered as an e-money institution
Deals & Cases -
Veho acquires Silberauto
Deals & Cases -
One of the region’s largest financial institutions finances transaction involving Food Union Group companies
Deals & Cases -
Nordea and DNB combine Baltic businesses to create Luminor
Deals & Cases
Publications
-
EBRD: Business Reorganisation Assessment
Publication -
Eurofenix: Amendments to insolvency law and new relief
Publication -
International Comparative Jurisprudence: Conditions for the bankruptcy of natural persons which Baltic state is the most attractive for bankruptcy?
Publication -
Overview of the regulation of restructuring and insolvency in Europe
Publication -
Amendments to the Latvian Law on the Suppression of Consequences of the Spread of COVID-19
Publication