In recent years the international sanctions regime has become significantly stricter. The European Union, the United States, the United Kingdom and other jurisdictions regularly introduce new restrictions against specific individuals, companies, banks and even entire sectors of the economy. As a result, more and more companies are asking the same question: how can we make … Read more
Businesses sometimes face situations where, after a tax inspection, the tax authority requests additional tax payments. These tax reassessments can be significant and in some cases may even threaten the financial stability of the company. However, in practice the truth is often somewhere in the middle โ a company may not necessarily have acted incorrectly, … Read more
AML training is not a formality. It is a mandatory requirement for all regulated entities operating in financial services, legal services, accounting, real estate, crypto services and other supervised sectors. Under Anti-Money Laundering and Counter-Terrorist Financing legislation, companies are required to provide regular AML training to their employees. Failure to provide training, or providing only … Read more
Inheritance disputes over estate division are more common than many families expect. After the opening of succession proceedings, emotions often intensify โ especially when there is no valid will or inheritance agreement in place. In such situations, it is crucial to act promptly and protect your legal rights as an heir. In this article, we … Read more
Investors Look for Strong Companies โ Strong Companies Attract Investors Selling a business is one of the most important strategic decisions an entrepreneur will ever make. Yet many business owners underestimate how complex and sensitive the business sale process truly is. Poor preparation can reduce valuation, delay negotiations, or even cause a deal to collapse entirely. … Read more
Many companies react only when a regulatory initiative is already advanced toward adoption. This reactive approach typically results in higher costs, limited ability to influence the content of regulation, and increased regulatory risk. Professional and early interest representation in the legislative process is a strategic element of regulatory risk management. Below, we explain why early engagement is critical … Read more
Introduction In real estate relations, easements are a frequent source of disputes. While neighbours can be cooperative, conflicts often arise when access rights or other easements are missing, unclear, or not legally registered. In practice, the absence of a properly established easement can seriously restrict the use of a property. What is an easement and why … Read more
It is often said that an insurance policy should be carefully reviewed before signing. In practice, however, insurance terms and conditions are frequently complex and difficult to understand for individuals without a legal background. As a result, disputes typically arise only after an insurance claim is submitted and compensation is refused or reduced. This is the stage at … Read more
A regulator that engages early One of Latviaโs strongest advantages is the opportunity to engage with the supervisor at an early stage. Companies can discuss their business model, governance structure, AML framework and IT architecture before submitting a formal licence application. This significantly reduces uncertainty and improves the quality and speed of the authorisation process. … Read more