Press releases

19.10.2018 Ministru prezidents

On Friday 19 October, Prime Minister Māris Kučinskis participated in the 12th Asia-Europe (ASEM) Summit in Brussels.

18.10.2018 Ministru prezidents

On Thursday 18 October, Prime Minister Māris Kučinskis and the Heads of State and Government of other European Union (EU) countries participated in the European Council meeting in Brussels where they discussed important issues for Europe with a focus on internal security and migration.

18.10.2018 Ministru prezidents

On Wednesday 17 October, Prime Minister Māris Kučinskis and the Heads of State or Government of other 26 countries participated in the European Council meeting.

11.10.2018 Valsts kanceleja

On Tuesday 11 October, the Saeima in the final reading supported the Whistleblowing Law with the aim to strengthen the whistleblower protection in Latvia and promote whistleblowing on variousviolations that can harm the public interest.

25.09.2018 Valsts kanceleja

Today, 25 September, the government approved a comprehensive Action Plan on the recommendations included in Moneyval’s 5th round of evaluation of Latvia’s AML/CTF system. The plan merges existing initiatives and provides a robust framework for all government institutions involved, as well as the private sector, to implement reforms identified by Moneyval’s evaluation system.

20.09.2018 Ministru prezidents

On Thursday 20 September, Prime Minister Māris Kučinskis participated in the informal European Council meeting in Salzburg. The focus of this meeting was on internal security, including the security of elections and cybersecurity.

11.09.2018 Ministru prezidents

The Financial Sector Development Council, supported by Prime Minister Māris Kučinskis, has today (11 September) approved an action plan to strengthen Latvia’s anti-money laundering capabilities, and its ability to combat the financing of terrorism and weapons proliferation.

10.09.2018 Valsts kanceleja

Latvia has made an application for annulment of an arbitral award rendered on 22 December 2017 by an arbitral tribunal constituted under the auspices of the International Centre for Settlement of Investment Disputes (“ICSID”) in the case of UAB “E energija” (Lithuania) v. Republic of Latvia. The arbitration related to UAB “E energija” claims against the Republic of Latvia made under the Agreement between the Government of the Republic of Lithuania and the Government of the Republic of Latvia on the Promotion and Protection of Investments dated 7 February 1996 (the “Lithuania-Latvia BIT”).

23.08.2018 Ministru prezidents
  • Moneyval has published fifth round evaluation lauding Latvia for international cooperation, but calling for much stronger measures on sanctions enforcement and beneficial ownership
  • Government has welcomed the report, saying it will help guide and direct ongoing reform efforts
  • Recommendations build on progress already made to reduce foreign deposits and strengthen legal oversight of the sector
22.08.2018 Ministru prezidents

This week, the Council of Europe’s Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (Moneyval) will publish their report on the fifth round of the evaluation of the Latvian Anti-Money Laundering and Terrorist Financing (AML/CTF) system. The evaluation was carried out by experts from Moneyval in accordance with international Financial Action Task Force on Money Laundering (FATF) standards during their visit of October 30 to November 8, 2017 and is an independent audit that will help Latvia meet the latest global AML/CTF standards. For the first time, the committee assessed both the technical compliance and operational efficiency of Latvia’s system.

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