28.02.2019 On Thursday, February 28, the Saeima supported the new Commercial Secret Protection Law and related amendments to the Civil Procedure Law, developed by the Ministry of Justice, in the third reading. The purpose of the Law is to ensure effective protection of the commercial secret, in particular against unlawful acquisition, use or disclosure thereof.
28.02.2019 On Monday, January 28, Janis Bordans, the Minister of Justice, participated in a meeting of the Council for the Judiciary, where participants, among other things, discussed the procedure of nominating and appointing the court chairpersons.
26.02.2019 On Tuesday, February 26, the Cabinet of Ministers supported the amendments to the Maintenance Guarantee Fund Law, developed by the Ministry of Justice and the Maintenance Guarantee Fund, providing to impose the suspension of a permit for acquisition, bearing, implementation and storage of weapons upon debtors of maintenance. Additional amendments provide for changes that will facilitate fulfilment of the obligation of payment of maintenance and recovery of maintenance to be paid out from the State budget.
It is planned to promote long-term involvement of shareholders in the management of joint stock companies by amendments to laws25.02.2019 On Tuesday, February 26, the Cabinet of Ministers will review the draft law package proposed by the Ministry of Justice with 6 mutually related draft laws - Amendments to the Financial Instrument Market Law, Amendments to the Law On Private Pension Funds, Amendments to the Law On Alternative Investment Funds and Managers Thereof, Amendments to the Law on Audit Services, Amendments to the Law On Investment Management Companies and Amendments to the Insurance and Reinsurance Law.
25.02.2019 On Tuesday, February 26, “Free Legal Profession Days 2019” start, within the framework of which inhabitants will have a possibility to get free consultations of sworn notaries, sworn bailiffs, sworn advocates and certified mediators during the time period from 26 February to 20 March, when settling different legal issues.
RE will cooperate with SRS on informing of capital companies regarding disclosure of beneficial owners25.02.2019 The Register of Enterprises, upon using the Electronic Declaration System (EDS) of the State Revenue Service, will inform capital companies that have to disclose information about their beneficial owner without delay.
22.02.2019 On Friday, February 22, Jānis Bordāns, the Minister of Justice, met Arti Hilpus, the Ambassador Extraordinary and Plenipotentiary of the Republic of Estonia, in order to discuss the key directions of cooperation in the area of justice.
LLC, where foreign companies constitute 100% of the composition of shareholders - have to immediately disclose their beneficial owners22.02.2019 On 7 November 2017 the amendments to the Law on the Prevention of Money Laundering and Terrorism Financing came into force, which determined to the legal persons to disclose their beneficial owners to the Register of Enterprises.
21.02.2019 On Thursday, February 21, Nancy Pettit, the Ambassador of the USA to Latvia, had an introductory visit to Jānis Bordāns, the Minister of Justice.
18.02.2019 Starting with 16th February 2019 people from the European Union (EU) Member States will face simplified and reduced administrative requirements for presenting various public documents and copies thereof in other EU Member States, thus releasing people from an unnecessary administrative workload.