Business
 

FCMC slaps EUR 5.85 million fine on Rietumu Banka

  • 2021-06-17
  • LETA/TBT Staff

RIGA - The Financial and Capital Market Commission (FCMC) has imposed a  fine of EUR 5.85 million on Rietumu Banka for infringements of regulatory requirements regarding anti-money laundering and counter-terrorism and proliferation financing (AML/CTPF), FCMC representativ...

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Tallink to reopen Tallinn-Stockholm ferry route in July

TALLINN - Listed Estonian shipper Tallink Grupp announced on Tuesday that the company is to re-open the Tallinn-Stockholm ferry route on July 9 after nearly 16 months of suspension of the route due to travel restrictions between Estonia and Sweden. The route will initially be o...

Govt lifts flight ban imposed by Estonia on Belarusian companies

TALLINN - As the Council of the European Union imposed a flight ban on Belarusian companies, the ban imposed by Estonia is no longer necessary and the government lifted it on Thursday. As the sanctions imposed by the Council of the European Union came into force on Belarus on J...

Tallink to reopen Tallinn-Stockholm ferry route in July

TALLINN - Listed Estonian shipper Tallink Grupp announced on Tuesday that the company is to re-op...

Govt lifts flight ban imposed by Estonia on Belarusian companies

TALLINN - As the Council of the European Union imposed a flight ban on Belarusian companies, the ...

German carrier Flixbus to resume operation in Baltics

TALLINN – German intercity bus operator Flixbus is about to resume operations in the Baltic...

Bigbank Latvia earned 10 million euros in 2020

Despite the challenging economic situation, and the need to help at least a tenth of its clients,...

Foresight Center: Estonia needs to change its car-centered transport policy

TALLINN - Estonia's current transport policy needs changes if the state wants to fulfill the ...

Kargins and Krasovickis to pay the state EUR 124.3 million

RIGA - Former Parex Banka board members Valerijs Kargins and Viktors Krasovickis will have to pay...

“Startup Fair: Recharge” invites participants to look not only for investments but also for talents and career opportunities

With a rapidly increasing number of technological businesses in Lithuania, as they grow and expan...

Liepājas Metalurgs can be renewed

I am entitled to say that, as I have been working in Liepājas Metalurgs since 1992, but since 199...

With the Support of Bigbank Latvia, Construction of a Hotel Worth 14.9 Million Euros is Underway near Riga International Airport

Resulting from cooperation between Lithuanian asset management company I Asset Management and Big...

Each fifth resident and businessman of Latvia gave bribes during past two years - survey

RIGA - During the last two years, every fifth resident and entrepreneur has made unofficial payme...

Restaurant terraces will be allowed to work from 6 am to 9 pm; alcohol sales will be permitted

RIGA - Starting from Friday, May 7, restaurants, cafes and other catering establishments will be ...

Estonian bus operator Lux Express increases number of departures by almost 1/3 from May

TALLINN – As of May 1, Estonian operator Lux Express added 138 new departures to its weekly...

VIA SMS Group expands its business operations by entering Philippine’s consumer lending market

Latvia fintech frontrunner VIA SMS Group continues to expand its presence in Asia-Pacific consume...

Estonia's Enefit, Orsted form partnership to deliver offshore wind farm in Gulf of Riga

TALLINN - Orsted, a Danish multinational power company and global leader in offshore wind, and En...

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