Latvia's progress in strengthening measures to tackle money laundering and terrorist financing

MONEYVAL Follow-Up Report Latvia

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Latvia has made a progress in addressing the TC deficiencies identified in its 5th Round MER and has been re-rated on 11 Recommendations.

  • Recommendations 6, 7, 8, 10, 22, 26, 28, 32, 39 and 40, initially rated as PC are re-rated as LC.
  • Recommendation 2, initially rated as LC, is re-rated as C.

Latvia will remain in enhanced follow-up and will continue to report back to MONEYVAL on progress to strengthen its implementation of AML/CFT measures. Latvia is expected to report back at the first Plenary meeting of 2021

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