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Belarusian government introduces restrictions on payment of dividends to foreign shareholders
Starting from 24 April 2024 investors from certain countries* (Affected Shareholders) will face restrictions when trying to receive dividends from their Belarusian subsidiaries. The details of the new restrictions are set out in Resolution of the Council of Ministers No. 299 (available in Russian) dated 19 April 2024 “On Application of a Special Restrictive Measure” (Resolution). According to the Resolution, […]
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News on filing annual reports and other issues
Deadline for filing annual reports with the State Revenue Service (SRS) approaching The Law on Annual Financial Statements and Consolidated Financial Statements requires all companies to file an annual report approved by the shareholders’ meeting with the SRS, no later than one month after approval by observing the deadline that is set based on the […]
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Life Sciences & Healthcare newsletter, April 2024
This month’s Life Sciences & Healthcare newsletter focuses on the distance selling of medicinal products. In February, the Court of Justice of the European Union made a fundamental decision concerning the legality of distance selling of over-the-counter (OTC) medicinal products. At the same time, in all of the Baltic States the possibilities under the brand […]
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New report – Independent production and retention of intellectual property rights
The European Audiovisual Observatory publishes a new in-depth analysis of the national definitions of independent production in Europe and the frameworks governing copyright retention by independent producers. The study has been co-financed by the European Commission under Creative Europe. The data used in the report was provided by a pan-European team of national experts and […]
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European Legal update 01.04. – 16.04.
Assistant lawyer Natālija Ķīse compiled the material. ESG ECtHR delivers three Grand Chamber rulings in cases concerning climate change Issued: 9 April 2024 The European Court of Human Rights issued rulings in three climate change-related cases, emphasising the relationship between environmental issues and human rights. Verein KlimaSeniorinnen Schweiz and Others v. Switzerland, Carême […]