Finance Latvia workshop on reporting of suspicious transactions
On 4 April, the Finance Latvia organized a full-day, workshop, led by international experts from Navigant, a specialized, global professional services firm, dedicated to Suspicious Transactions Investigations and Reporting.
Navigant experts - Anna Angotti and Anne Marie Minogue - provided advice on the legal basis for researching possible "red flags" that indicate suspicious transactions. They also described ways to identify and document potentially illegal transactions. The experts further outlined how to develop research and investigation plans from information on suspicious transactions.
The workshop was attended by 72 participants – Finance Latvia members, participants from the Ministry of Foreign Affairs, Latvijas Banka, the FCMC, the State Revenue Service, FIU Latvia, the State Police, the State Security Service, the Constitution Protection Bureau and the Register of Enterprises.