Alleged Flawed Translation at Heart of Commercial Bank Liquidation in Latvia

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It appears that a low-quality, deceptive translation is derailing Latvia's attempts to purge its banking system of poor practice. The incident has led to one of the country's leading commercial banks, Trasta Komercbanka AS, being punished by the European regulators. Today Translations examines this story and the lessons we may take from it.

Uncertified Translation Leads to Dismissal of Arbitration Award

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A recent court ruling in Nicosia, Cyprus, demonstrates the importance of having translated materials properly certified for legal proceedings after it dismissed what should have been an internationally recognised commercial arbitration award on the grounds that the translated version was not properly certified.