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Second MiCA licence issued in Latvia in a single week goes to Nexdesk
Another Sorainen client, Nexdesk, has secured a licence to provide crypto-asset services under the MiCA (Markets in Crypto-Assets) Regulation. This is the third licence issued in the Baltics so far, and among the first in Northern/Eastern Europe. About Nexdesk Nexdesk is a sister company of Nexpay, an electronic money institution based in Lithuania; however, its […]
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Support in communication with the State Revenue Service and in coordinating opinions on the implementation of employee motivation programs
Sorainen tax team provided the Latvian Borrower Assistance Program (LKPP) with support in communication with the State Revenue Service and in coordinating opinions on the implementation of employee motivation programs. Thanks to the involvement of Sorainen tax experts, LKPP will be able to implement a motivational system that benefits both employees and the company. Our […]
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European Legal update: 26.11. – 09.12.2025
Legal assistant Nikola Cīparsone compiled the material. Competition & Regulatory Commission opens antitrust investigation into Meta’s new policy concerning AI providers’ access to WhatsApp Published: 4 December 2025 The European Commission has launched a formal antitrust investigation to examine whether Meta’s recent policy regarding AI providers’ access to WhatsApp violates EU competition regulations. Under the […]
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Škoda secures contract award for BEMU train tender in Latvia
Sorainen provided legal support to the Škoda Transportation and Škoda Vagonka consortium in a tender for the first delivery of BEMU trains in Latvia. About the case On 9 October 2025, the state-owned company Autotransporta direkcija decided to award the contract to the Škoda consortium, confirming that its offer met all tender requirements. The proposed […]
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Our team achieves Band 1 across Baltics in Chambers FinTech 2026 rankings
Our Fintech team has achieved Band 1 ranking across all three Baltic jurisdictions—Lithuania, Latvia, and Estonia—in the highly respected Chambers FinTech Guide 2026. This year marks the first time Chambers has researched the fintech market in Latvia, where our team also entered at the top level – the only firm so ranked from that jurisdiction. […]