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  • New guidelines on the indication of prices for goods and services adopted

    Publication / Zane Akermane, Kristīne Ilga Budkēviča

    In October this year, the guidelines of the Consumer Rights Protection Centre on the indication of prices for goods and services were adopted in a new wording, replacing “Guidelines on the Pricing of Goods and Services, Including Fair Commercial Practices” of 2015. The purpose of the new wording of the guidelines is to clarify the […]

  • European Legal update 07.11. – 21.11.

    Publication / Nikola Cīparsone

    Assistant lawyer Nikola Cīparsone compiled the material.   Tax Commission Implementing Regulation (EU) 2023/2493 of 15 November 2023 on the treatment for national accounts purposes of the non-collected VAT due to VAT fraud and due to insolvency (the discrepancy between theoretical VAT receipts and actual VAT receipts) for the application of Regulation (EU) 2019/516 of the European Parliament and […]

  • The era of unregulated crypto-asset markets is nearing its end. What must you know about MiCAR and how to get ready? 

    Publication / Akvilė Jurkaitytė

    Starting 30 December 2024, the Regulation EU 2023/1114 of the European Parliament and of the Council on markets in crypto-assets (MiCAR) will take full effect. It will open a new chapter regulating virtual currencies, also known as tokens, and related services and is expected to bring more clarity to the field. This step is crucial […]

  • Transposition of the Directive in Latvia

    Publication / Edvīns Draba

    Amendments to the Insolvency Law, Civil Procedure Law and the Law On Protection of employees in case of Insolvency of Employer aimed at transposing the Directive on Restructuring and Insolvency were adopted in March this year and are applicable to proceedings initiated starting from 15 September. Read more about types of proceedings, statutory moratorium, classes of creditors […]

  • European Legal update 24.10. – 07.11.

    Publication / Nikola Cīparsone

    Assistant lawyer Nikola Cīparsone compiled the material.  EU Law Commission welcomes G7 leaders’ agreement on Guiding Principles and a Code of Conduct on Artificial Intelligence Published: 30 October 2023 The Commission welcomes the agreement by G7 leaders on International Guiding Principles on Artificial Intelligence (AI) and a voluntary Code of Conduct for AI developers under the Hiroshima […]

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