The emergency situation has raised the issue of the effectiveness of processes in a number of areas, including company law. Namely, with the advent of the emergency situation, it became impossible for some companies to hold meetings. In addition, it was difficult to make notarial transactions, and for some companies raising capital, this could be even fatal, write NJORD Law Firm`s associate Triin Kaurson and Attorney at Law Anne Veerpalu.

On June 3, the Estonian Parliament has approved the amendments to the Aliens Act to allow the creation of a digital nomad visa, making the country one of the first countries in the world to establish such a visa.

The May issue of „The Legal Technologist“ publishes a series of articles that consider the impact of the COVID-19 outbreak on the legal sector. 

The first statistics collected by the Estonian FIU on the duty to report suspicious activities of money laundering and terrorist financing have been made available.

Australian Treasurer, Joshua Anthony Frydenberg, has announced changes to Australia’s foreign investment review framework, effective from 10.30pm AEST on Sunday 29 March 2020, relating to monetary thresholds and timeframes for reviewing applications.