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We assisted the lead manager Goldman Sachs Bank Europe SE in organising and placing the EUR 50 million issue of Fixed Rate Reset Perpetual Additional Tier 1 Temporary Write Down Notes (AT1) for Šiaulių bankas. The notes have been allocated to almost 20 institutional and professional investors, mostly from the United Kingdom. First AT1 issuer […]
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Assistant lawyer Nikola Cīparsone compiled the material. Competition and regulatory Council adopts regulation on classification, labelling and packaging of chemicals Adopted: 14 October 2024 The Council has adopted a regulation on the classification, labelling and packaging of chemical substances (CLP). The CLP regulation updates the existing 2008 EU legislation, clarifies the rules on labelling chemical […]
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On 19 September 2024, amendments to the Latvian Law on the Prevention of Money Laundering and the Financing of Terrorism and Proliferation (AML Law) were adopted. Here is a look at the main changes introduced by the amendments. Exemptions for services provided to group companies The amendments clarify that outsourced accountants will not be considered […]
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In today’s business landscape, companies often struggle with finding the right balance between protecting their interests and ensuring compliance with the increasingly complicated legal requirements. While competition law encourages companies to safeguard their trade secrets and investments in employees through restrictions in employment agreements, employment law tends to protect the employees’ freedom of speech and […]
