FIU Latvia participates in Baltic FIU expert training in Lithuania

Participants also discussed cooperation with obliged entities, feedback mechanisms, the most common STR quality issues, and solutions aimed at improving the quality of submitted reports.

Particular attention was devoted to cross-border crime trends in the Baltic region, including the most common types of criminal offences and links between the Baltic states. Participants also discussed developments in the crypto-asset sector, including the volume and quality of STRs received from entities operating in this sector.

FIU Latvia emphasises that expert-level events of this kind are particularly valuable for exchanging experience and building a deeper understanding of the working approaches and practices among the Baltic states as the closest cooperation partners. Given that the Baltic states face similar risks and challenges in the field of anti-money laundering, close cooperation and regular dialogue are essential for developing effective and coordinated solutions at the regional level.