Improvement of employees’ knowledge in combating money laundering in Latvia

Project facts

Project promoter:
Latvian Financial Intelligence Unit(LV)
Project Number:
LV-HOMEAFFAIRS-0005
Status:
In implementation
Initial project cost:
€267,235
Other Project Partners
Latvian Financial and Capital Market Commission(LV)

More information

Description

The main aim of the project is increasing the capacity, knowledge and efficiency of the Financial Intelligence Unit and the Financial and Capital Market Commission focusing on increasing the supervisory capacity in the area of prevention of money laundering as well as international sanctions requirements. This is in line with the recommendations in the Moneyval report. The objective of the pre-defined project is improved crime prevention and investigation.

The main activities of the project include:

  • conferences/workshops for staff;
  • develop training of staff;
  • bilateral study visits to supervisory institutions abroad;
  • arrange an international conference on the combating of money laundering;
  • fundamental and advanced risk management courses;
  • expert workshop concerning the latest developments on issues related to anti-money laundering, terrorism, and proliferation financing;
  • attendance at the annual European Anti Money Laundering & Financial Crime Conference;
  • training in prevention of money laundering, financing of terrorism and proliferation by the use of virtual currencies.

 

 

Information on the projects funded by the EEA and Norway Grants is provided by the Programme and Fund Operators in the Beneficiary States, who are responsible for the completeness and accuracy of this information.