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Latvia: News on filing annual reports and other issues
Deadline for filing annual reports approaching The Law on Annual Financial Statements and Consolidated Financial Statements requires all companies to file an annual report approved by the shareholders’ meeting and auditor’s statement on the annual report (for companies that meet the criteria listed in law, as well as companies whose articles of association or shareholders’ […]
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Life Sciences & Healthcare newsletter, April 2025
In this newsletter, we discuss legal news which affects the pharmaceutical and pharmacy sector. The Commission’s proposal on the Critical Medicines Act will hopefully provide tools for member states to avoid supply chain issues in relation to critical medicines. Interpretations by the Court of Justice of the European Union assist market players to navigate in […]
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New restrictions for Russian citizens from 3 May 2025
On 17 April 2025, the Parliament amended the Law on the Establishment of Restrictive Measures Regarding Military Aggression against Ukraine. The aforementioned law is yet to be signed by the President. Still, it is expected to be done shortly, thus allowing the new statutory restriction to enter into force starting on 3 May 2025. New […]
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European Legal update: 01.04. – 14.04.2025.
Assistant lawyer Liis Pormeister compiled the material. Competition The Commission fines car manufacturers and association €458 million over end-of-life vehicle recycling cartel Published: 1 April 2025 The Commission has fined 15 major car manufacturers and the European Automobiles Manufacturers’ Association (ACEA) around €458 million for participating in a long-lasting cartel concerning end-of-life vehicle recycling. The […]
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ESG newsletter, March-April 2025
In this issue, we bring you the most significant updates on ESG developments across the Baltic region – from amendments to consumer protection laws in Lithuania to Latvia’s national AI Centre and Estonia’s debate on sustainability reporting. At the EU level, key updates include a proposal to delay corporate sustainability reporting, a new voluntary ESG […]