Latvia Hits Bank With €1m Fine Over Dirty Money Failings
Authorities in Latvia have fined PrivatBank just over €1m ($1.1m) for numerous breaches of anti-money …
Latvian Trade Group Protests Slots Tax Hike
Industry trade group the Latvian Gaming Business Association has condemned the Ministry of Finance’s plan …
Latvia Touts 'Unprecedented' AML Reforms After Damning Review
Latvian officials are hoping that a year of legislative hard work will pay off as …
Latvian Ministry Recommends Gambling Restrictions
Latvia's Ministry of Health is recommending stricter requirements for gambling arcades and casinos, as a …
Blacklist Enforcement Boom Continues Into 2019
The number of blacklisted online gambling domains across 14 reporting European countries, as monitored by …
Latvian Banks Told To Prepare For 'No Mercy' Enforcement
Latvian authorities have handed a €1m fine to Rigensis Bank for violating an array of …
Latvia: Draft Amendments to the Law on Prevention of Money Laundering and Terrorist Financing
On April 3, 2019, the Saeima (parliament) introduced Draft Law no. 295/Lp 13 with the …
Swiss Banker Swoops For Park Lane, But May Face Hefty Fine
Troubled high-end casino Park Lane Club has been sold to a Swiss asset manager to …
Latvian Intelligence Unit Sounds Alarm Over Crypto And Financial Crime
Virtual currencies pose a high money laundering and terrorist financing risk to Latvia and the …