Latvian central bank offers magical mushroom coin
The Latvan Central bank (Latvijas Banka, LB) is inviting members of the public to invest in a new coin designed to appeal to both numismatists and mycologists. In other words, coin collectors and fungus fans.
Central bank upgrades instant payment services
The council of Latvijas Banka, the country's central bank, said September 26 it had approved amendments to its "Instant Links" service, a measure it said would promote "wider use of the Registry in innovative payment services."
Question marks over fate of Rīga housing manager's €6m deposit at PNB
After PNB banka folded in mid-August, its administrator has asked former clients to submit pay-out requests within three months. Rīga's municipal housing manager, Rīgas namu pārvaldnieks (RNP), is among these clients and there are questions whether €6m worth of homeowners' money deposited with the company will be returned, reported LTV's De facto September 22.
Likely new head of Latvian financial watchdog revealed
The open competition to find a new chief for Latvia's financial regulator - a crucial position giving the ongoing campaign to restore the credibility of the scandal-wracked sector - has concluded, with the winning candidate named.
Latvia updates MONEYVAL on banking system reforms
On August 30, Latvia submitted its update report to MONEYVAL – the Council of Europe’s Committee of Experts on the Evaluation of Anti-Money Laundering and the Financing of Terrorism, saying that a major overhaul of the legal framework, banking regulator and law enforcement is "yielding tangible results".
50 million euros paid out already to PNB depositors
Almost 50 million euros was paid back to depositors in suspended bank PNB during a little over 24 hours of reimbursement payments, Latvia's financial regulator, the Financial and Capital Market Commission (FKTK) said August 23.
Regulator files for insolvency of PNB banka
Latvia's banking regulator, the Financial and Capital Market Commission (FKTK) announced August 22 it had applied to declare the country's sixth largest bank, PNB banka, insolvent.
PNB banka payouts to total nearly 300 million euros
Following the suspension of PNB Bank's ability to offer services as a result of action by the European Central Bank (ECB) and the Financial and Capital Markets Commission (FKTK), almost 300 million euros will be paid out to depositors, FKTK's acting chairwoman said August 16.
25 apply to become head of Latvia's financial regulator
A contest to find a new and confidence-inspiring head of Latvia's financial regulator, the Financial and Capital Markets Commission (FKTK) has attracted 25 applicants in the initial stage, the government press office revealed August 13, one day after submissions for the job closed.
PNB bank chairman has departed
The Chairman of the Board of PNB Banka, Briton Oliver Bramwell, has left the post he had held since 2013, the bank has announced. 
Wanted: new financial regulator
The search for a new head of Latvia's financial regulator is underway with the government on July 12 announcing a competition for the post.
Stand-in financial regulator confirmed
At its meeting on 8 July, the Latvian Saeima decided to release the Chairman and Deputy Chairwoman of Latvia's financial regulator, the Financial and Capital Market Commission (FKTK) ,from their positions and to appoint a temporary replacement to lead the organization.
Financial regulator and deputy quit with golden handshakes
Financial and Capital Market Commission (FKTK) Chairman Peters Putniņš and his deputy Gunta Razāne both handed in their submitted their resignations on July 4, Finance Minister Jānis Reirs (New Unity) confirmed, according to the LETA newswire.
Cabinet approves data swap between law enforcement and banks
On Tuesday, July 2, the Cabinet of Ministers approved the draft law “Amendments to the Law on Credit Institutions” drafted by the Interior Ministry, which will provide an opportunity to introduce a new procedure for faster and more efficient information exchange between law enforcement institutions and credit institutions.
Meridian Trade Bank warned over risk exposure
Meridian Trade Bank (MTB) has been warned by Latvia's financial regulator, the Financial and Capital Markets Commission (FKTK) over its risk exposure, the regulator said in a statement June 20.
Finance Latvia Association head quits to take up World Bank job
Sanda Liepiņa the Chief Executive Officer and Chairwoman of the Management Board of the Finance Latvia Association (FLA), will leave her post on June 28 to start working at the World Bank Group in Washington DC, USA, FLA said in a statement June 18.