Financial Intelligence Unit of Latvia (FIU Latvia)

Financial Intelligence Unit of Latvia (FIU Latvia)

 

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Results achieved in the first half of 2020

The first half of 2020 is largely characterized by the challenges and changes caused by the COVID-19 pandemic, both globally and nationally, which, among other things, has had a significant impact not only on the overall economic processes, but also on the everyday work and duties of institutions, including the Financial Intelligence Unit of Latvia. Report on results achieved by the Financial Intelligence Unit of Latvia in the first half of 2020 is available here.

2020 pusgads res 

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The FIU of Latvia has published the Annual Report of 2019

The Financial Intelligence Unit of Latvia (hereinafter – FIU Latvia) has  published the Annual Report of 2019. Year 2019 for the FIU Latvia was significant with several important achievements and adjustments.  Among other things, strengthening the operational independence of the FIU Latvia from 1st of January, 2019 and obtaining the status as a leading institution with an aim to eliminate the possibility to use financial system of Latvia for money laundering, financing of terrorism and proliferation from 29th of June, 2019 can be mentioned as major challenges. Also, in 2019, the FIU Latvia was the leading institution of the Latvian delegation which was established to implement the recommendations of Moneyval and FATF experts. The full report ir available here

annual report

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