Episode 16: Latvia’s Transformation: From Laundromat to Leader
Motivation, coordination and making the right choices has brought a remarkable turnaround in the financial crime fighting fortunes of Latvia.
If you are involved in the fight against financial crime in Latvia then 2018, the year of the country’s last Financial Action Task Force assessment, is a date that is both infamous and inspiring.
That is certainly the case for Toms Platacis and Paulis Iljenkovs, Head and Deputy Head of the Latvian Financial Intelligence Unit, who join host Tom Keatinge for this latest episode of the STR podcast, to review Latvia’s recently published FATF Mutual Evaluation Report.
With 2018 etched in their memories, they reveal the steps they have taken to motivate public and private sector colleagues to move from 2018’s near-death experience to an evaluation that places them at the top-of-the-class.
Podcast Series
Suspicious Transaction Report
This podcast explores the financial dimensions of today’s leading transnational security challenges. Host Tom Keatinge and the team from the Centre for Finance and Security at RUSI bring you unique insights on the challenges posed by illicit finance and practical analysis of the policy responses. They interview top thinkers and influential voices who unpack the complex world of money laundering, corruption, sanctions evasion and illicit flows, and explain how this shapes the evolving global security landscape, and what democracies and international institutions must do to stay ahead when it comes to the financial dimensions of the global threat outlook.
View the podcast series
HOST
Tom Keatinge
Director, CFS
Centre for Finance and Security
