On 25 November 2004, the Riigikogu adopted the Credit Institutions Act Amendment Act. Once again, European Union law required the changes. These changes bring increased regulatory detail, particularly regarding activity licences and the acquisition of a qualifying holding.

On 12 January 2005 the Estonian Parliament (Riigikogu) adopted the Act on Involving Employees in Activities of Community-scale Undertakings, Community-scale Groups of Undertakings and European Companies.

Estonian Legal Developments

The content of this article includes: Rules For State Participation In Private Law Legal Persons, New Product Safety Act, Charges On Holders Of Surplus Stocks Act , Explosives Act, Radiation Act, New Principles Of The Competition Act, Amendment Of The Packaging Excise Duty Act.