The Finance and Capital Market Commission has slapped fines totaling EUR 641,514 on three Latvian banks - Regionala Investiciju Banka, Baltikums Bank and Privatbank - for non-compliance with the anti-money laundering and counter terrorist financing (AML/CTF) regulations.
The Latvian financial watchdog said that in collaboration with the Federal Bureau of Investigation's (FBI) Counterproliferation Center it had identified three Latvian banks which had not complied with the provisions of the AML/CTF regulatory framework.
"Violations relate ...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.
In case you don't have a subscription yet - please visit our
SUBSCRIPTION section
