Financial Integrity Newsletter – April edition

Our goal to maintain our position as a world-class institution safeguarding Latvia and its citizens from financial crime remains unchanged. FIU Latvia will continue the strategic course set several years ago and ensure that the changes made are sustainable and effective.

Foreword by Evika Siliņa – Prime Minister of the Republic of Latvia

Through effective money laundering prevention and combating, Latvia's goal is to promote the rule of law, Latvia's economic growth, and the investment environment, thereby strengthening Latvia's internal and external security.

Interview: Juris Juriss – Judge of the Constitutional Court

The formation of the Anti-Money Laundering Coordination Unit can be described as an essential step towards improving Latvia s AML efforts and restoring international confidence in the country's legal system.

Opinion by Raimonds Zukuls – Deputy Director General of the State Revenue Service for Customs, Director of the National Customs Board

As a result of these control measures, Latvian customs have prevented more than 8,500 shipments of sanctioned goods from crossing the EU's external border. Last year alone, customs denied the continuation of customs procedures to 3,147 shipments, including 89% of cases, stopping goods from being exported from the EU, and in 11% of cases – imports into the EU.

More in this issue: 

• The latest opinion poll by the Corruption Prevention and Combating Bureau (KNAB).
• Financial and Cybercrime Analysis Tournament 2025.
• ''Fraud is on the rise in all developed countries, and Latvia is no exception.''  Financial Industry Association data 2024.
• International conference ''Clean Money, Clean Environment: Environmental Crime and Money Laundering''.

Financial Integrity Newsletter