The announcement comes after widely-circulated rumours, previously reported by LSM, that bank accounts linked to Putin's family were held in Latvia.
"The FKTK Compliance Control Department has carried out the relevant inspection. According to the information obtained from the banks, we can say that there are no such customers among Latvian banks," said FKTK spokesperson Ieva Upleja to the LETA news agency.
FKTK started checking for possible secret accounts of the Russian presidential daughter in the Latvian banks after the US magazine Mother Jones published a story on Russia's interference in the 2016 US presidential election, which said that the Russian president's daughters in Latvia had secret accounts in banks.
The report cited an adviser to then-President Barack Obama, Celeste Wallander, who was described as suggesting the release of compromising data about the Putin family's assets held in Latvia.
Celeste Wallander is President and CEO of the U.S.-Russia Foundation. She served as Special Assistant to President Barack Obama and Senior Director for Russia/Eurasia on the National Security Council from 2013-2017. She has also been a regular visitor to the Baltic states and spoke at the Riga Conference in both 2015 and 2017.
When contacted by LSM at the time, Wallander declined to comment on the information.
The alleged link to Putin is one of several scandals engulfing the Latvian bank sector at the moment.
FKTK did not provide additional information, such as how deep the investigation went and whether suspects accounts might be - as one might obviously suspect - not actually held in the names of Putin's daughters. Nor was there any discussion of whether such accounts might have been held in the past but not presently.
You can read the original account on the Mother Jones website HERE.