Knowledge

10
07 / 17

EU GDPR: not so sweet concept of freely given consent

Consent is arguably among the most direct grounds to collect and process one’s personal data. EU General Data Protection Regulation (GDPR) defines consent as “freely given, specific, informed and unambiguous indication of the data subject's agreement to the processing of personal data relating to him or her, such as by a written statement, including by electronic means, or an oral statement”.

30
05 / 17

The impact of a mistake in shareholder’s meeting minutes to the legality of dividend payment

On May 29, 2017, internet magazine IFinanses published an article by Jekaterina Anohina, lawyer of TGS Baltic, on the impact of a mistake in shareholder’s meeting minutes to the legality of dividend payment. In the article Jekaterina analyses the findings of the Supreme Court of the Republic of Latvia on this subject.

24
05 / 17

Aid programmes and tax relief for start-ups in Latvia

On 24 May 2017, internet magazine ITiesības published an article by TGS Baltic lawyer Rūdolfs Vilsons and associate attorney at law Liene Šķiņķe on the aid programmes and tax relief for start-up companies. The article provides an insight into the Law on Aid for the Activities of Start-up Companies, which came into effect on 1 January 2017.

26
04 / 17

The European Central Bank (ECB) harmonises supervision rules for institutions supervised by national competent authorities

On 4 April 2017, Guideline (EU) 2017/697 of the European Central Bank and Recommendation ECB/2017/10 for national competent authorities (including the Bank of Lithuania) on exercising some options and discretions available in EU legislation in relation to less significant institutions directly supervised by national competent authorities have been adopted.

13
04 / 17

Māra Stabulniece on the new regulation of the pre-procurement consulting

On 11 April 2017, “Jurista Vārds” published an article by Māra Stabulniece, Attorney from TGS Baltic, on the new regulation of the pre-procurement consulting. Article 18 of the Public Procurement Law contains a regulation on the pre-procurement consulting, which is new in Latvia, while it does not prescribe for the new right of customers to consult suppliers, but only set out the provisions for application of such right.

12
04 / 17

Jekaterina Anohina on the commercial companies important for national security

On April 11, 2017, internet magazine ITiesības published an article by Jekaterina Anohina, lawyer of TGS Baltic, on the commercial companies important for national security.

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