Insight

RegRally Insights: Regulatory Compliance Updates – September 2024

ECOVIS ProventusLaw invites you to its all-in-one essential compliance newsletter – Regulatory Compliance Update, which...

Legal Considerations for AI Implementation in Business

Artificial intelligence (AI) has emerged as a transformative force across various industries in today’s rapidly...

RegRally Insights: Sanctions Essentials – June 2024

ECOVIS ProventusLaw invites you to its monthly newsletter on sanctions, which is dedicated to everyone...

Whistleblowing Regulations in Lithuania. What to Use for Companies: an External Solution or an In-house One?

In Lithuania, the Law on the Protection of Whistleblowers, effective from 1 January 2019, marks...

EU Implements Stricter Measures to Combat E-commerce VAT Fraud

To combat e-commerce VAT fraud within the European Union (EU) new Council Directive (EU) 2020/284...

Court Clarifies the Application of Civil Liability to Board Members

On 27 July 2023, the Court of Appeal of Lithuania (the Court) examined a civil...

Practical Tips to Prevent Involvement in Sanction Evasion and Circumvention

Sanction evasion and circumvention have become pressing concerns for businesses, as the legal and reputational...

New Legislative Changes in the Field of Digital Operational Resilience and High Common Level of Cybersecurity

On 10 November 2022, the European Parliament passed two legal acts: The EU’s Digital Operational...

Amendments to the Laws Related to Sanctions: What’s New?

In March of 2023, The Parliament of the Republic of Lithuania adopted amendments to the...

Why Should IT Companies take Sanctions Compliance Very Seriously? The Case of Microsoft

US Treasury Department and Microsoft reached a settlement over the tech firm’s apparent violations of...

Lithuania Passed National Sanctions on Russian, Belarusian Citizens

The Parliament of the Republic of Lithuania adopted the Law on Restrictive Measures in the...

Traces of Sanctions Evasion in Birių Krovinių Terminalas

On February 20, 2023, the Center of Investigative Journalism Siena released an investigation revealing that...