It is often asked whether a local government is obliged to give its approval to the installation of an energy supply object on a local government’s property – in particular, to the networks that cross it? The construction of a new energy supply facility (installation of production devices, networks, lines and accessories) usually requires third-party […]
Publication / Viktorija Cherkas
Market was expecting these regulations for years to finally access the public forest lands, so let’s look into details of amendments to Reg.No.350 approved on 13.06.2023: Auction – the only form to grant rights for research of the public land and construction of the wind farms; The auctions may be organised as (1) regular – […]
Publication / Sofia Kurochka
The material is compiled by assistant lawyer Sofia Kurochka. Finance Regulation (EU) 2023/1113 of the European Parliament and of the Council of 31 May 2023 on information accompanying transfers of funds and certain crypto-assets and amending Directive (EU) 2015/849 (Text with EEA relevance) Date of effect: 29 June 2023 Under the new rules, crypto asset service […]
RIGA, June 13 (LETA) – Decrease in productivity caused by lack of physical exercise costs Latvia’s economy EUR 190 million a year, according to a global study on impact of physical exercise on the economy conducted by Deloitte. The study reveals that negative impact of the shortage physical exercise on government budget is EUR 41.5 million. […]
Amendments to the Latvian Commercial Law, which will enter into force on 1 July 2023, set a number of important dates to be taken into account by all public limited liability companies (PLLC) (in Latvian – Akciju sabiedrība or AS) in order to comply with the obligations imposed by the amendments, i.e., to submit to […]