Legal
Huge congratulations to our client Cino on their achievement (€500,000 investments👏) at Latitude59! The eleventh Latitude59, attended by 3,000 people, was themed “Be Bold”. Almost 400 startups from 61 countries applied for Latitude59’s traditional pitch competition. Both early-stage and more mature technology companies were invited to the
AML
The terms used in this article are defined in the ISA, in the legal act implementing international sanctions, the Financial Action Task Force’s (hereinafter: FATF) recommendations made in 2012 and the 2013 methodology dictionary, or in EU guidelines and other guidance materials.
Crypto
Compliance with the principles of good corporate governance shall start with the board and its responsibility to foster the long-term success of the company and secure its sustained competitiveness.
Holdings
In this post, we will review how entrepreneurs and business owners can use foreign companies for tax optimization.
Funds
EU encourages businesses to frame decisions in terms of financial, environmental, social, and human effects ensuring resilience and long-term value creation. But such disclosures used by European funds must not be misleading.
AML
To start a business relationship the Fund Manager must request personal information from the Partner. In this article, we mention Estonian regulations that provide the requirements for IT systems of Partner identification and authentication.
Funds
FATCA has become the catalyst for a global effort to combat tax evasion, leading to multi-lateral reporting and diligence regimes. With this guidance we try to help demystify FATCA, and what it means for European investment funds.
This article contains the information on the Prospectus Directive and Regulation in the EU, which are important regulatory instruments designed to ensure investor protecting.
Small Alternative Investment Fund (AIF). The legal environment of the Republic of Estonia provides with the possibility of organising the collection and attraction of investments and further management of collective assets under the simplified regulation of small alternative investment funds.
Over the time, any asset manager who does more than plan to manage own assets faces the problem of a transparent and convenient management infrastructure.
Development of AML documentation according to FIU regulatory requirements is a process that should be carried out by professionals with a positive background of interaction with the financial inspection and other government agencies.
Fintech Service Advisory Group from Estonia
These days we see how sanctions are applied to many persons in bulk. In this article, we review how to ensure you don’t deal with a partner who is under financial sanctions.
Alternative Investment Fund in Estonia for investing in crypto projects and crypto-assets. How does it differ from investment funds in other countries?
Fund managers today are looking for the best jurisdiction to build their investment structure, and Estonia is one of the most attractive among them. But here is the main requirement if you have decided to register an Alternative Investment Fund in Estonia.
If you plan to perform an ICO/IDO in Estonia, you may have to register your tokens with EFSA and obtain a crypto license in Estonia in case your tokens are considered as securities. You have two options on how to determine that.
Amendments to Estonian Money Laundering and Terrorist Financing Prevention Act entered into force on March 15, 2022. New rules for Estonian Crypto Companies.
This article contains a best practice guide to sanctions screening and sanctions lists
Comparison of Payment Service Providers (PSPs) by Services according to Bank of Lithuania's Eurosystem. The information is useful for businesses who want to obtain a license in order to work in financial system within the EU.
Registering a company and obtaining a single virtual currency service provider’s license in Estonia. We provide this service as a standard package which is more beneficial for our clients, since they don’t need to pay separately for the registration of the company.
Following the adoption of the recent crowdfunding regulation by the European Parliament, we will take a look at the new EU requirements for crowdfunding service providers and will check the Estonian framework in that subject.
The Definition of Token The term token refers to a specific virtual currency token or the way cryptocurrencies are denominated. These tokens represent fungible and tradable assets or utilities that reside on their own blockchains. Tokens are often used for crowd sales to raise funds, but can also be used
Is Crowdfunding Legal in Europe? In this article we try to understand what the crowdfunding is, know the types of crowdfunding, check the newest European crowdfunding regulation and Supervision, take a look at Estonian framework.
In this article we will take a look at what a Security Token Offering is and how it works.