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Publication / Oona Elina Katariina Tuomi
Data protection European Artificial Intelligence Act comes into force Entered into force: 1 August 2024 On August 1 the European Artificial Intelligence Act (AI Act), the world’s first comprehensive regulation on artificial intelligence, entered into force. The AI Act ensures that AI developed and used in the EU is trustworthy, with safeguards to protect people’s […]
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Publication / Edvīns Draba, Kristers Pētersons
On 3 July 2024 the Council of the European Union published an update to the EU Best Practices for the effective implementation of restrictive measures (Best Practices), which introduced several changes. The Best Practices are to be considered non-exhaustive recommendations of a general nature for the effective implementation of EU restrictive measures (sanctions). They play […]
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On 22 July 2024, the European Commission (EC) announced that it will be imposing certain commitments on Vifor, a manufacturer of intravenous iron medicines. Vifor is a dominant player in this market and had spread misleading information about the safety of a competing drug, Monofer, to healthcare professionals. The EC had opened an investigation, suspecting a potential […]
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Sorainen is representing consumer lenders DelfinGroup and ViziaFinance before the Constitutional Court regarding a new corporate income tax surcharge. As of 1 January this year, a new Latvian law has obliged consumer lenders to pay a surcharge of 20% of the previous year’s profits on top of corporate income tax (CIT). The legislator argues that […]
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The Estonian Insurance Association appointed our senior associate Marcus Niin as the conciliator of the insurance conciliation body. His term begins on October 1, 2024, and lasts five years. “An insurance conciliator is an independent and impartial expert in insurance disputes. The conciliator aims to help resolve disputes between the insurer and the insured. The […]