EU law

European Union (EU) regulation is constantly changing, evolving and expanding. Changes to the regulatory framework may affect both all companies in a sector and the decisions of specific companies.

Our experience helps us identify those regulations and planned industry changes that will affect our customers and help prepare for the planned changes so that the customer's competitiveness in the market is not affected. Changes in regulatory enactments may affect the choice of future export regions, the adequacy of the existing business model, and the impact of the new regulation on it, as well as other aspects important for business.

In order to remain competitive and comply with EU regulations, it is important for companies to have in-depth and up-to-date knowledge of EU regulations, planned changes, EU sectoral policy issues and a full understanding of how EU rules affect the specific sector.
An in-depth insight and assessment of the situation in the future situation regarding changes in regulatory enactments is an important step in business planning and future decision-making.
We conduct due diligence, research, provide assessment and help identify risks associated with upcoming regulatory changes that may affect, both directly and indirectly, your company and its day-to-day business. 

We offer to assist you to: 

  • Identify potential difficulties that your company may face in relation to the planned EU law, in particular in the regulated sectors (energy, pharmaceutical, financial sector, transport and logistics);

  • advise companies on future business decisions;

  • Conduct due diligence on the company's compliance with EU requirements and good practice so that the company can

Discussions with the society and industry experts are a crucial part of the sector policy-making process, both at national and EU level. It is important for companies to participate in policy-making by expressing their views in the public participation process.
By taking a proactive role in the sectoral policy decision-making process, companies have the opportunity to influence the development of policies  and to improve (or protect) their competitive position in the EU market.
We are aware that the sector-specific conditions allow business support for companies (tax incentives, financial guarantees, loans, etc.). Businesses established  in the EU need to be aware of both the opportunities and the risks associated with EU state aid conditions.

We provide advice and examples of good practice in communication with public authorities:

  • advise companies on communication with associations and institutions on strategic processes of the industry;

  • protect company’s rights to freely provide its services or market goods in another Member state;

  • advise companies on possible state aid opportunities in the sector and assist in communication with public authorities and provide an assessment of the impact of state aid on competition.

The implementation of EU funded projects and the resolution of disputes related to them is an important aspect in the EU, our team identifies potential risks in the process of implementation of EU funds, advises and helps to establish a dialogue with public authorities and monitor the use of allocated funds.

We can:

  • help use the financial support mechanisms developed by the EU institutions;

  • assess the compatibility of state aid with EU law

The achievement of the EU's objective is reflected in particular in the field of environmental law. For example, the EU's Green Deal will affect the waste processing, energy, transport and food sectors at least until 2050, but changes in environmental regulations will indirectly have an affect on  all economic sectors. By taking steps to prepare for the coming change, your company will be able to be one step ahead of changes in environmental law regulation, thus contributing to effective business planning and sustainable development.

We offer to assist you with: 

  • Compliance of companies with the requirements of the existing environmental regulatory enactments;

  • Research and recommendations to the client on the planned regulation.

 

 

Contact us

Māris Butāns

Managing senior Associate, PwC Latvia

Tel: +371 6709 4400

Ieva Moroza

Lawyer, PwC Latvia

Tel: +371 6709 4400

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