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 […]
Dr Violeta Zeppa-Priedīte, head of Sorainen Latvia Corporate Crime practice and assistant lawyer Andīna Brīvule The recent development of various social networks and online platforms has not only created new opportunities for people to consume and publish different types of content, but unfortunately has also opened up new horizons for criminals to engage in illegal […]
Assistant lawyer Nikola Cīparsone compiled the material. Data protection Regulation (EU) 2023/2854 of the European Parliament and of the Council of 13 December 2023 on harmonised rules on fair access to and use of data and amending Regulation (EU) 2017/2394 and Directive (EU) 2020/1828 (Data Act) Adopted: 13 December 2023 The Act addresses the transformative impact of data-driven […]
Deals & Cases
“One of the fields of law in which Sorainen provides assistance to clients is criminal law. In this field in 2023, our team of criminal law experts mainly provided legal assistance in cases of possible legalisation of the proceeds of crime, tax evasion, or violations of sanctions,” comments head of Corporate Crime practice in Latvia […]
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 […]