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  • Article

    Regulation of takeover bids changed

    On 13 July 2006 amendments to the Financial Instruments Market Law came into force. The aim of the amendments is to implement the Takeover Directive (Directive 2004/25/EC of the European Parliament and of the Council of 21 April 2004 on takeover bids). Amendments also clarify several issues that so far were not regulated or were insufficiently regulated.
    LatviaFinance and Banking
    Raidla Lejins & Norcous
    Raidla Lejins & Norcous
  • Article

    Finance and Capital Market Commission Regulations on Establishment of Inside Control System for Prevention of Money Laundering and Terrorism Financing Adopted

    On May 18, 2006 Regulations No.93 on Establishment of Inside Control System for Prevention of Money Laundering and Terrorism Financing (the "Regulations") issued by the Finance and Capital Market Commission (the "FCMC") entered into force
    LatviaFinance and Banking
Raidla Lejins & Norcous
Raidla Lejins & Norcous

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