2024-11-20
MONEYVAL 6th round evaluation visit to Latvia
Global Advisory on Russian Sanctions Evasion has been published
14.03.2023
In response to the sanctions imposed in the context of Russia's military aggression in Ukraine, an international working group "REPO" or "Russian Elites, Proxies, and Oligarchs Task Force" was established in 2022, which brings together experts from 8 jurisdictions* and also European Commission. REPO has demonstrated excellent results and is currently one of the leading initiatives of its kind.
Global Advisory on Russian Sanctions Evasion developed by REPO was published on March 9, 2023.
The material is available here:
Global Advisory on Russian Sanctions Evasion
Through typologies a number of recommendations on how to identify sanctions evasion techniques and methods are provided. The typologies included in the material correlate with the material "Indicators of Russia-Related Sanctions Evasion" developed under the guidance of Financial Intelligence Unit of Latvia Latvia, which is available below. Therefore, the material developed by Latvian institutions still remains relevant and is consistent with the findings of international partners.
Indicators of Russia-Related Sanctions Evasion
*Australia, Canada, France, Germany, Italy, Japan, the United Kingdom, the United States
2024-10-29
FATF has updated lists with jurisdictions under Increased Monitoring