FIU Latvia briefs judges on current challenges in fighting financial crime

During the lectures, FIU Latvia experts shared insights on current money laundering typologies and trends, as well as explained the role of the FIU in preventing money laundering, terrorism, and proliferation financing. Participants were also introduced to risk assessment approaches and various laundering scenarios, including cases involving cryptocurrencies, environmental crimes, and real estate transactions.

During discussions, participants actively engaged, asked questions, and analysed practical examples, contributing to a deeper understanding of money laundering issues.

FIU Latvia considers the meeting to be valuable and informative, highlighting its contribution to strengthening professional knowledge and enhancing interinstitutional cooperation with the Justice Academy.

The training was held within the framework of the Court Administration’s project, “Justice Academy,” which aims to strengthen the judicial system's capacity. The project focuses on identifying money laundering, investigating economic crimes, modernising judicial processes, and implementing preventive measures.