November 12 2018
Money laundering is so 2018. A major challenge for banks in eastern Europe next year will be steering clear of geopolitical fallout.
Latvia, which was at the center of a dirty money storm this year, is pushing its lenders to comply with an increasingly complex web of international sanctions, Peters Putnins, the country’s top financial regulator, said in an interview this month. Those efforts will prove decisive in maintaining the country’s access to global financial markets.