Wednesday, April 15, 2026

Headlines

court ruling

In an unfair court trial in Russia, Rietumu Bank may lose assets worth 16 million euros

The Moscow Arbitration Court on 2 December 2025 examined a civil case related to a claim by the Russian General Prosecutor’s Office against Rietumu Bank and other persons. The court of first instance has decided to satisfy the claim of the General Prosecutor’s Office. The Bank’s regulatory capital may decrease by approximately 4 million EUR. Considering that this is a decision of the court of first instance, the Bank will appeal it in accordance with the procedure prescribed by law, defending […]

The State Audit Office might have difficulties auditing the MAF, because the State Auditor’s wife is involved in evaluating media projects

“Ploka was driven to despair by all of this. She had turned to the State Audit Office with a request to carry out an audit of the SIF. Zaiga [Pūce–ed.] left and that was a good moment. The State Audit Office said “no”, and I think that one of the reasons is that Zitmane is the wife of the Auditor General. If they start digging there, it may turn out that she is there […]

The prohibition on adding flavorings to electronic cigarettes complies with the Constitution

The Constitutional Court has recognized as compatible with the state’s fundamental law the provisions establishing restrictions on the composition of electronic smoking devices and tobacco substitute products. The Court emphasizes that commercial activity is important for the development of the national economy; however, in the present case it must be taken into account that the benefit from the restriction of fundamental rights contained in the contested regulation is enjoyed by each individual as well as by society as a whole, since the contested regulation reduces electronic […]