Starting 9 October 2025, a new EU-wide banking regulation takes effect requiring financial institutions to verify that the recipient's name (or business name) matches the account number (IBAN) before executing any payment. The rule applies to all banks and payment service providers operating within the EEA.
The sun stands high, the night sleeps short. We trade our screens for fields and sport. With wreaths and songs, we greet the light - our hours shift for Midsummer’s night.
As of 10 June, Latvia has implemented significant amendments to its legal framework governing international and national sanctions. These changes establish clearer administrative and criminal liability for violations and aim to strengthen enforcement mechanisms.
In a move aimed at giving businesses more time to adapt, the Latvian government has decided to postpone the mandatory use of structured electronic invoices (e-invoices) for private businesses. Originally slated for 2026, the requirement will now take effect on 1 January 2028, following the Saeima’s recent approval of amendments to the Accounting Law.
On 14 April, the Council of the European Union approved the so-called "Stop-the-Clock" directive, which aims to postpone the implementation deadlines for sustainability reporting requirements. These changes are part of the broader "Omnibus I" initiative, which aims to simplify the EU sustainability framework and reduce the administrative burden on companies. This postponement of deadlines is good news for businesses, providing an opportunity to prepare in a quality way for sustainability reporting, which will become the norm for all companies in the future.
At Numeri, people are at the heart of everything we do. Behind our numbers and systems, there are real stories of growth, curiosity, ambition, and teamwork. Today, we’re thrilled to introduce three of our inspiring leaders: Lilita, Juozas, and Kadri. They come from different backgrounds, but they all share the same goal building a workplace where people grow, thrive, and feel proud of the impact they make.
Let’s dive into their journeys.