Finance Latvia Association is an open minded European facing non-for-profit organization for broad and joined-up representation of finance, technology and related industries in Latvia, the Baltics, and Europe. Our vision – Latvian financial industry pursues broad partnerships and leads in innovation in Europe.

To promote Latvian financial sector in Europe, to highlight achievement and developments, and to strengthen industry reputation, this September Association issued a first industry magazine in English – Finance in Latvia.

The first issue covers different topics, for example, transparency in Latvian banking sector, GDPR implementation in the industry, digital transformation, working like a FinTech etc.

The magazine is available in print and on-line: ej.uz/FinanceInLatvia_1.   

This is a time of rapid local and global development in many spheres, where the boundaries between the finance sector, financial and other services, and the regulatory environment are being blurred. So it’s not surprising that the Finance Latvia Association is also going through a transformation of its own. As cooperation and openness are the key factors in ensuring sustainable development in finance and its related industries, we are now welcoming financial technology companies, financial service providers and companies from related industries to join the cause.

Due to these changes, the need for platforms such as this magazine has been steadily growing over the last few years. Every member of society must be able to receive first-hand information about topical issues and challenges, and what to expect from them.

Topics in the issue corresponds to the Finance Latvia Association missions:

Development – the industry adheres to the highest international standards and provides competitive, modern and European facing financial services to support the growth of the economy

Technology - Latvian financial industry is agile and using technology to enable access for European customers

Compliance - achieving the highest anti-money laundering and combating the financing of terrorism (AML/CFT) compliance standards among member banks within the next 2 to 3 years.

 

Welcome to read updates from the industry: www.financelatvia.eu  

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