2026-06-05
Cooperation as the foundation of a secure financial system: FIU Latvia releases its 2025 Annual Report
EU updates sanctions lists
15.06.2026
On 15 June 2026, the Council of the European Union (EU) adopted a decision to expand sanctions lists related to Russia by imposing restrictive measures on additional persons.
The changes include additions to the lists of natural and legal persons subject to targeted financial sanctions in connection with Russia’s illegal war in Ukraine, Russia’s hybrid threat activities, and human rights violations.
Persons included in the sanctions lists are subject to asset freezes, and EU citizens and companies are prohibited from making funds or economic resources available to them. Individuals are also subjected to travel restrictions, preventing them from entering or transiting through the territory of the EU.
Notably, these additions to the sanctions list were adopted outside the EU’s broader sanctions package, signaling a more flexible and responsive approach to sanctions adoption.
Learn more about the updated sanctions lists:
- https://eur-lex.europa.eu/legal-content/LV/TXT/?uri=OJ:L_202601361
- https://eur-lex.europa.eu/legal-content/LV/TXT/?uri=OJ:L_202601356
- https://eur-lex.europa.eu/legal-content/LV/TXT/?uri=OJ:L_202601362
Since April 2024, FIU Latvia has been the national competent authority for sanctions implementation in Latvia, working with Latvian and international partners to strengthen the effectiveness of sanctions.
2026-05-22
FIU Latvia highlights the importance of cooperation in sanctions implementation at international forum