Segregated bank accounts are helpful for all manner of businesses, but particularly those bound by strict regulations, such as investment funds, insurance companies, brokers and payment service providers – in other words, modern FinTech players. A payment institution cannot secure a financial service provider’s license without maintaining segregated accounts. How does it work?  Imagine a […]

Starting from March 1, 2023, LPB Bank has introduced a new electronic authentication tool for individuals –secure electronic signature. A secure electronic signature is a signature for electronic documents. A document signed with it has the same legal force as a hand-signed paper document. LPB Bank clients can use the secure electronic signature to log […]

Finance Latvia Association Advisor Laima Letiņa, CAMS, CGSS introduced Canadian policymakers to the accomplishments and achievements in information sharing possibilities in Latvia at the Ottawa Policy Forum on “Private sector information sharing to tackle financial crime”, organized by Future of Financial Intelligence Sharing of the Royal United Services Institute. Drawing from international innovation examples and […]