Current Legal Developments in Latvia and the World – December
Current Legal Developments in Latvia and the World – December
BDO Law has compiled the most important news of the amendments to the regulatory acts in December 2025.
This summary covers the following amendments:
- Amendments to the Trade Mark Law
- Amendments to the Insurance Contract Law
- Amendments to the Law on Alternative Investment Funds and Managers Thereof
- Amendment to the Insurance and Reinsurance Distribution Law
- European Union extends human rights sanctions regime
- European Union agrees to end gas imports from Russia
- U.S. imposes penalty on crypto-asset service provider
- Canada lifts sanctions against HTS
- European Union prolongs sanctions against Venezuela
- U.S. eases sanctions against Belarus
- European Union publishes updated handbook on chemicals exports
- European Union sanctions new shadow fleet vessels
- China introduces new export licensing requirements for certain
metals - Updated EU Commission sanctions toolkit "Frequently Asked Questions"
- U.S. imposes new sanctions on International Criminal Court judges
Fintech Industry News:
- The Cabinet of Ministers has approved the Fintech sector development strategy for 2026–2027
- Amendments to the Corporate Income Tax Law that are favorable to the Fintech industry came into force on January 1, 2026
- The implementation of the Consumer Credit Directive continues in Latvia