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Employee Knowledge improvement

Employee Knowledge improvement

 

The Financial Intelligence Unit has received support within the framework of the programme “International Police Cooperation and Combating Crime” co-financed by the European Economic Area (EEA) grant for the implementation of the project “Improvement of Employee Knowledge in Combating Money Laundering in Latvia”.

 

The aim of the project

To improve the skills and knowledge of employees and to strengthen the capacity of institutions responsible for monitoring financial institutions and conducting financial intelligence and investigations.

 

Project target audience

FIU experts and analysts, representatives of law enforcement institutions, Bank of Latvia, as well as employees of Latvian commercial banks in the field of prevention of money laundering and sanctions. Strengthening the knowledge, skills and understanding of their staff will enhance the overall capacity to detect and combat money laundering at the national level.

 

Project activities

The activities envisaged in the project include training, workshops and exchange visits to other supervisory authorities in the European Union. The implementation of the project will respect the principle of sustainability: the knowledge acquired during it will be transferred to the online training platform and passed on through experience sharing between institutions and staff. Methodological and analytical materials on learning topics will also be prepared.

 

Project funding

The project is implemented by the FIU and its national partner is Bank of Latvia. The project is allocated EUR 267 235, of which EEA grant funding is 85% or EUR 227 149 and national co-financing is 15% or EUR 40 086. The project will be implemented by 30 April 2024.

 

Project publicity

In order to inform target audiences and the public about the project carried out by the FIU, the FIU shall carry out project communication through different communication channels, reflecting EEA grant support: on the website, on social networks and in the form of other communication activities.

 

 

Knowledge development activities:

  1. Publication on the FIU Latvia website “FID darbinieki pilnveido zināšanas naudas atmazgāšanas novēršanas jomā”. Publications on FIU Latvia Facebook, LinkedIn and Twitter accounts.
  2. Publication on the FIU Latvia website “FIU Latvia managers strengthen their knowledge and skills in effective and ethical management in an intensive Harvard Kennedey School course”. Publications on FIU Latvia Facebook, LinkedIn and Twitter accounts
  3. Publication on the FIU Latvia website "Head of FIU Latvia improves strategic management knowledge in Harvard program".
  4. Publication on the FIU Latvia website "FIU Latvia uses EEA project opportunities and bolsters knowledge". Publications on FIU Latvia Facebook and LinkedIn accounts.

 

FIU Latvia participation in the conversation festival "Lampa", 2023:

  1. Publication on the FIU Latvia website "FIU Latvia organises actual discussion “How sanctions impact us””. Record of the discussion available on FIU Latvia Youtube channel. Publications on FIU Latvia Facebook, LinkedIn and Twitter accounts.

 

International conference and seminar about sanctions:

  1. Publication on the FIU Latvia website  "Key highlights of the conference “Making Sanctions Work: The Way Forward in 2024”".

International conference on virtual assets:

  1. Publication on the FIU Latvia website “FIU conference on crypto assets: shaping the future framework”. Publications on FIU Latvia LinkedIn account.
  2. Publication on the FIU Latvia website “FIU Latvia Conference on the Future Framework of Crypto Assets: key highlights”. Publications on FIU Latvia Facebook, LinkedIn account and recap video of the conference available on FIU Latvia Youtube channel

 

FIU Latvia participation in the conversation festival "Lampa", 2022: 

  1. Publication on the FIU Latvia website “FID organizē diskusiju “Naudas ceļi un neceļi. Naudas atmazgāšana un cilvēktirdzniecība"”. Publication on FIU Latvia Facebook un Twitter accounts and record of the discussion available on FIU Latvia Youtube channel.

 

Beginning and closure of the project:

  1. Publication on the FIU Latvia website “Large-scale project launched to improve employees’ knowledge in combating money laundering in Latvia” (15.02.2022.)
  2. Media event for representatives of national media (19.05.2022.)
  3. Publication on the FIU Latvia website “FIU Latvia will cooperate with FCMC in a project to improve employee knowledge in combating money laundering” (15.09.2022.)
  4. Publication on the FIU Latvia website "FIU Latvia and Latvijas Banka implement knowledge development activities under an EEA grant project" (07.06.2024.)

 

EEA grant website: www.eeagrants.lv