Latvia – further sanctions enforcement statistics including seven convictions

The Latvian authorities have provided a further update to their enforcement efforts. As reported:

    • 281 sanctions-related suspicious activity reports in 2022
    • 510 sanctions-related suspicious activity reports in 2023
    • 310 criminal cases commenced
    • 22 prosecutions in which the trial has started
    • 7 convictions to date.

Of the convictions, all involved guilty pleas and all involved Latvian nationals. The highest penalty related to the export of a luxury car, and the fine was €170,000.

The conduct prosecuted included in relation to the sale of a professional footballer to a club owned by a company designated under Belarus sanctions, and the provision of content to the Russian Federal News Agency.

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