Assistant lawyer Nikola Cīparsone compiled the material. Technology & intellectual property Artificial Intelligence Act: European Parliament and the Council reach provisional agreement Reached: 9 December 2023 The AI Act introduces dedicated rules for general purpose AI models that will ensure transparency along the value chain. Specific banned applications of AI are set, as well as […]
In the recently released Chambers FinTech rankings, our Fintech team has maintained the top position in Lithuania for the fifth consecutive year. Sorainen has also earned new individual rankings in both Lithuania and Estonia. Well-rounded team with top experts Partners Tomas Kontautas and Augustas Klezys, who lead the team, both retained their positions among the […]
The crypto asset market regulation (MiCA) will be applied from mid-2024 and each EU Member State is required to develop its own national regulation. If Latvia is the first to adopt it, we have a great chance to stand out at the European level with our offer. On 20 April 2023, the European Parliament adopted […]
If you are interested in setting up or investing in a FinTech, then look no further. Estonia is known as (one of) the most advanced digital democracies in the world and an outstanding place for doing innovative business. Estonia is also known as the land of unicorns. For an estimated population of 1.4 million people, […]