Finance Latvia Association Advisor Laima Letiņa, CAMS, CGSS introduced Canadian policymakers to the accomplishments and achievements in information sharing possibilities in Latvia at the Ottawa Policy Forum on “Private sector information sharing to tackle financial crime”, organized by Future of Financial Intelligence Sharing of the Royal United Services Institute. Drawing from international innovation examples and […]

Brussels, 27 January 2023 – The European Banking Federation (EBF) and Oliver Wyman today launched a study exploring the EU banking regulatory and supervisory framework and its impact on banks and the economy. The reference study concludes that a review of current capital requirements and supervisory processes could provide capacity for around EUR 4 trillion […]

Luminor Bank has granted a loan of 2.75 million euros to the Zemgale-based production company LRS MŪSA to develop its operations and increase efficiency. The company produces animal feed for the dairy and pig farming sectors, mainly using grain purchased from farmers and various cooperatives. “The company’s production plant is located near Bauska, but it […]

A multi-country consortium consisting of some of Europe’s most trusted identity experts has been chosen to deliver a cross-border payments pilot, in line with the aims of the European Commission’s EU digital identity wallet program. In September 2022, it was announced that the six countries involved (Denmark, Germany, Iceland, Italy, Latvia and Norway) would be […]