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EMPCO Directive: new consumer transparency rules
Overview On 27 September 2026, new consumer transparency rules will become applicable in the EU. Directive (EU) 2024/825 (EmpCo Directive), applicable from 27 September 2026, introduces stricter rules targeting greenwashing, misleading sustainability labels and early product obsolescence. Businesses will no longer be able to rely on unsubstantiated generic green claims, uncertified sustainability labels or climate-neutrality […]
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Saudi–Estonian Business Forum
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European Legal update: 25.08. – 08.09.2026.
Assistant lawyer Natālija Ķīse complied the material. Competition & regulatory DSA: Commission designates ChatGPT, Reddit and Roblox as Very Large Online Platforms and Search Engines Published: 31 August 2026 The European Commission has designated ChatGPT as a Very Large Online Search Engine, and Reddit and Roblox as Very Large Online Platforms, under the Digital Services […]
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Deal of the century in Estonia’s agricultural sector: Saudi Arabia’s retail giant BinDawood acquires E-Piim’s production assets for EUR 135.25 million
We are assisting BinDawood Holding, a listed Saudi company operating across retail, distribution, technology and manufacturing, in the acquisition of dairy business assets of a leading Estonian dairy company E-Piim Tootmine. Through the acquisition, BinDawood Holding is entering the Baltic dairy industry on a significant scale. The Saudi group plans to build on E-Piim’s existing […]
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WTS submits comments on draft amendments to the OECD Transfer Pricing Guidelines
In July 2026, WTS Global submitted comments to the OECD on the public consultation document concerning the proposed amendments to Chapter VII of the OECD Transfer Pricing Guidelines, which addresses special considerations for intra-group services. Several WTS Global member firms’ tax teams, including Sorainen Latvia and Senior Associate Edgars Hercenbergs in particular, contributed to the […]