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European Legal update 20.03. – 01.04.
Assistant lawyer Nikola Cīparsone compiled the material. Technology, media & telecommunications Commission and the research community develop guidelines on responsible use of generative Artificial Intelligence in research Official press release: 20 March 2024 The Commission and the European Research Area countries and stakeholders have jointly put forward a set of guidelines […]
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Sorainen becomes the official legal partner in the Latvian Blockchain Association
Representatives of the crypto asset industry have announced themselves as serious players in the financial sector with the adoption of the Markets in Crypto-Assets Regulation. Blockchain technology has untapped potential beyond financial services. These industries in Latvia have come together in the Latvian Blockchain Association, with Sorainen as its official legal partner, with the aim […]
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Nordicfintechmagazine.com: Tier 1 Fintech Law Firm Unpacks the Fintech Scene in the Baltics
The Baltics are on the move when it comes to fintech. Each of the three Baltic states – Estonia, Latvia, and Lithuania – is highly digitalised, has phenomenal internet speeds, and has a strong local workforce of skilled and educated people. The zone’s relatively small size means its regulators are approachable, and it has numerous […]
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European Legal update 05.12. – 19.12.
Assistant lawyer Nikola Cīparsone compiled the material. Technology & intellectual property Artificial Intelligence Act: European Parliament and the Council reach provisional agreement Reached: 9 December 2023 The AI Act introduces dedicated rules for general purpose AI models that will ensure transparency along the value chain. Specific banned applications of AI are set, as well as […]
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Sorainen strengthens its position in the Chambers FinTech rankings for Lithuania and Estonia
In the recently released Chambers FinTech rankings, our Fintech team has maintained the top position in Lithuania for the fifth consecutive year. Sorainen has also earned new individual rankings in both Lithuania and Estonia. Well-rounded team with top experts Partners Tomas Kontautas and Augustas Klezys, who lead the team, both retained their positions among the […]