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Obligation for Third-Country Nationals to Submit Personal Information Prior to Entering Latvia
Amendments to the Immigration Law and related Cabinet Regulation No. 515 “Regulations on the National Threat Prevention Information System,” which will enter into force on 1 September 2025, stipulate that third – country nationals who do not hold a Latvian visa or residence permit shall be required to submit personal information 48 hours prior to […]
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Cryptonews.com: MiCA Pushes EU to Adapt – Not Everyone Will Make the Cut
As MiCA takes effect across the EU, legal experts and crypto founders say the regulation may bring clarity, but not without casualties. Key Takeaways: MiCA is raising the bar for compliance, forcing smaller crypto firms to exit the EU market or radically adapt. Experts say the real challenge isn’t legal. It’s cultural, as many teams […]
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Stricter procedures established for attracting foreign labour in Latvia
According to the currently applicable procedure, an employer who plans to employ third-country nationals has to publish a vacancy with the State Employment Agency (“Employment Agency”) and, if the vacancy remains free for at least 10 business days, the employer is entitled to apply to the Office of Citizenship and Migration Affairs (“OCMA”) for approval […]
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Batic Business Quarterly: Green bonds for implementing sustainable projects
Green bonds for implementing sustainable projects Green bonds are essential for sustainable financing, and Europe is ahead of many other regions in the world in green bond issuance. At the moment, it accounts for roughly half of the global volume. In recent years, the volume of green bonds issued in Europe has fluctuated around half […]
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Fintech Latvija: It is important to be among the first to implement the MiCA regulation
The crypto asset market regulation (MiCA) will be applied from mid-2024 and each EU Member State is required to develop its own national regulation. If Latvia is the first to adopt it, we have a great chance to stand out at the European level with our offer. On 20 April 2023, the European Parliament adopted […]