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AI defence technology company Helsing establishes Helsing Estonia
We advise the German artificial intelligence defence technology company Helsing on establishing its Estonian subsidiary and investments in Estonia. As part of its expansion, Helsing will invest EUR 70 million in its Estonian branch over the next three years. Investments strengthen Estonia’s defence capability and the economy According to Helsing, establishing the company Helsing Estonia […]
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The “Data Transfers – Estonia” article has been updated
Our partner Mihkel Miidla, senior associate Liisa Maria Kuuskmaa, and associate Stella Victoria Ojala updated the article “Data Transfers – Estonia” published in OneTrust DataGuidance in June. According to Liisa Maria Kuuskmaa, the article is updated annually to reflect changes in legislation, new court and administrative practices, and other news in this field. Kuuskmaa believes […]
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European Legal update: 25.06. – 08.07.
Assistant lawyer Natājlija Ķīse compiled the material. Banking and finance EBA issues new guidelines to combat money laundering and terrorism financing in fund and crypto transfers Published: 4 July 2024 New guidelines on the “travel rule” have been announced by the European Banking Authority (EBA) to address the issue of money laundering and terrorism financing through […]
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Stebby shareholders sell majority stake in Stebby
We advised shareholders of Stebby on the sale of Stebby’s majority shareholding to French rewards and benefits leader Up Group. As part of the transaction, the previous majority owner of Stebby, Livonia Partners, has exited. The management team will continue to run the company together with the new partner, enabling it to expand its presence […]
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European Legal update: 29.05. – 10.06.
Assistant lawyer Nikola Cīparsone compiled the material. Banking and finance Commission Delegated Regulation (EU) 2024/1504 specifying the procedural rules for the exercise of the power to impose fines or periodic penalty payments by the European Banking Authority on issuers of significant asset-referenced tokens and issuers of significant e-money tokens Published: 30 May 2024 […]