Trust Law published an award winning microcredit report for the EU Commission Dec 07, 2011

TrustLaw Connect has published a report “Creating Jobs in Europe: Legal and Regulatory Frameworks of Microenterprises and Microcredit in Europe” to which VARUL contributed the Baltic chapters on microfinance and self-employment legislation, corporate vehicles and taxation applicable to small businesses.
This report, commissioned by TrustLaw Connect, was researched and compiled on a pro-bono basis for ADIE (Association for the Promotion of Entrepreneurship) by law firms Latham & Watkins and Orrick, with the assistance of 17 other firms and in-house legal teams across Europe.

The report was also presented by the European Commission  at the conference ”Improving the regulatory environment for microcredit”, held on 2 December this year in Brussels.

Moreover, Orrick, Latham & Watkins, together with 17 other law firms, including VARUL, won the TrustLaw Connection’s “Impact Award”. The award was announced on 5 December at the Museum of London.

Please click here to view the full report: http://www.trust.org/documents/creating-jobs-in-europe.pdf


TrustLaw Connect brings together outstanding legal teams to provide free legal advice for NGOs and social enterprises in any jurisdiction in the world. TrustLaw Connect has 500 members worldwide including law firms, in-house legal teams as well as various NGOs and social enterprises.

More information: www.trust.org