In the light of the fact that the European Central Bank has not assigned the task to abolish certain payment limits to AB.LV bank, the Council of the Financial and Capital Market Commission (FCMC) has made a decision on non-availability of deposits in order to ensure the refund of the guaranteed compensations to the customers of AB.LV bank.
The Board of the Financial and Capital Market Commission (hereinafter – the FCMC) during an extraordinary meeting today 23 February 2018 adopted a decision on the occurrence of unavailability of deposits at ABLV Bank AS.
On Friday 23 February, Prime Minister Māris Kučinskis participated in the European Council meeting in Brussels. The European Council focused on the Multiannual Financial Framework beyond 2020.
Latvia’s financial system is stable and necessary steps have been taken to ensure that
On Friday 23 February, Prime Minister Māris Kučinskis explained the situation in the financial sector of Latvia to the EU Heads of State and Government at the European Council meeting in Brussels.
On Friday 23 February, Prime Minister Māris Kučinskis participated in the Conference on the Sahel in Brussels. The conference focused on security issues.
- The Latvian government is convinced of the stability of the national financial system. The necessary steps have been taken to ensure that the international financial commitments of Latvia and the interests of the people of Latvia are fully respected.
The Corruption Prevention and Combating Bureau (KNAB) has applied a status of the detained to the President of the Bank of Latvia within the framework of criminal proceedings.
On Wednesday 14 February, Prime Minister Māris Kučinskis met with John Bercow, Speaker of the House of Commons in Riga.
On Thursday 8 February, Prime Minister Māris Kučinskis met with Alexander Lukashenko, President of Belarus in Minsk.