RIGA - Latvia has done "everything and even more" to prevent proceeds from crime being laundered through its banks and it would therefore make sense for the European Union (EU) take over these standards, President Egils Levits said in an interview with TV3 channel on Friday.
The president said that nowhere else in Europe money laundering is being fought with such an effective regulation as in Latvia and that Latvia could therefore share its experience in this field with the EU.
"Latvia should propose and insist on the adoption of common E...
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