Assistant lawyer Nikola Cīparsone compiled the material. ESG Directive empowering consumers for the green transition and circular economy Adopted: 20 February 2024 The Council has adopted a directive aimed at empowering consumers to facilitate the shift towards sustainability. This new directive seeks to strengthen consumer rights by amending the unfair commercial practices directive (UCPD) and […]
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Representatives of the crypto asset industry have announced themselves as serious players in the financial sector with the adoption of the Markets in Crypto-Assets Regulation. Blockchain technology has untapped potential beyond financial services. These industries in Latvia have come together in the Latvian Blockchain Association, with Sorainen as its official legal partner, with the aim […]
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Sorainen sees significant development potential in Latvia’s FinTech sector. To this end, we have become members of the Fintech Latvia Association. We believe that the joint effort of private sector representatives, financial sector supervisors, public authorities and other stakeholders can lead to real results. Latvia is currently in a perfect starting position where new companies […]
Acting as Estonian counsel through international law firm Clifford Chance, we advised Barclays, Citigroup and Nordea as the joint managers in the EUR 1 billion 10-year government bond issue of the Republic of Estonia. The bonds were issued under the Euro Medium Term Note (EMTN) Programme. Government bond issue Investor interest in the Estonian government […]