In order to reduce the risk of further spread of Covid-19 among the population of Latvia, the government has expanded the range of precautionary measures.
Following the successful implementation of a new financial crime prevention system, Latvia will not be subject to ‘enhanced surveillance’ or included in the so-called ‘grey list’, concluded the Financial Action Task Force (FATF) at its plenary session in Paris on 21 February. Latvia is the first “Moneyval” member state that has successfully implemented all FATF recommendations.
On 7 February, Prime Minister Krišjānis Kariņš participated in a meeting of the Baltic Council of Ministers, where, together with the Prime Ministers of Estonia and Lithuania, confirmed that there is close cooperation between the three Baltic States in the implementation of the projects that are of major importance for the region.
On 22 January, Prime Minister Krišjānis Kariņš informed the media that he welcomes the Moneyval experts’ positive assessment of Latvia’s progress in the fight against money laundering and terrorism financing, by emphasizing that this is the result of the financial sector’s monitoring reform or “overhaul”.
Prime Minister Krišjānis Kariņš will pay a visit to Minsk - the capital city of Belarus, on Thursday 16 January, to meet with the country's senior officials and participate in a meeting on the organisation of the Ice Hockey World Championship in 2021.
On Thursday 24 October, the Saeima appointed Santa Purgaile as the Chairperson of the Financial and Capital Market Commission (FCMC).
When discussing the strategic objectives of the European Union (EU) for the next five years at the informal European Council meeting in Sibiu (Romania), Prime Minister Krišjānis Kariņš stressed that climate change is one of the most pressing EU and global challenges. The countries alone are unable to meet this challenge. They must cooperate actively and take action.
Good evening, dear people of Latvia,
Good evening, fellow Latvians across the world whose hearts burn for our dear Latvia,
We say goodbye to this year and welcome a new one. It is a good time to look back on what has been done and think about the future.
On Friday 27 November, the Financial Sector Development Council agreed to support the action plan that will promote a common and consistent approach to cooperation between public authorities and financial institutions, the supervision and communication with customers. This will enhance the approach that is proportionate to risks, reduce administrative burden throughout the supervisory, banking and customer cooperation chain.
On Tuesday 24 November, the Cabinet of Ministers supported the adoption of the “Amendments to the Law on Operation of the Schengen Information System”, which stipulate that the Schengen Information System (hereinafter - the System) will be improved from 2022 by extending the possibility to declare additional categories of persons and objects in international search.