On 28 March 2023, the Bank of Lithuania published a report on consumer disputes (the Report). In this Report, the Bank of Lithuania provided recommendations and guidelines for insurers that provide insurance services to consumers in Lithuania. The Report aims to ensure that insurers comply with legal regulations and follow best practices to prevent consumer […]
Main comparative corporate tax principles for Estonia, Latvia and Lithuania. Available here: TAXES IN A NUTSHELL 2023
The fifth anniversary of the implementation of the European Union’s General Data Protection Regulation (GDPR) is approaching in May. The European Data Protection Board (EDPB) and many national regulatory bodies quietly agreed to “go easy” on businesses and institutions while they became acquainted with the laws and learned how to follow the new mandates during […]
Publication / Sofia Kurochka
Prepared by assistant lawyer Sofia Kurochka. Competition Updated guidance for measures to support the green transition Adopted: 4 April 2023 The European Commission published the updated State aid guiding templates to assist Member States in designing measures, which will be included in their national Recovery and Resilience Plans, in line with EU State aid rules. See […]
On 10 April 2023 Presidential Edict No. 95 was announced, reintroducing registration of maximum sale prices for pharmaceuticals sold in the country. The government will determine the list of pharmaceuticals subject to price registration, and the procedure and timeframe for implementation. The new act reactivates the approach in force under 2018 Presidential Edict No. 345 On the Registration of […]