Financial regulator goes on the offense
The head of Latvia's financial regulator has launched a bitter attack on what it called "high public officials" whom it accuses of disseminating false information about its work.
Financial regulator objects to government reform plan
Latvia's financial regulator, the Financial and Capital Markets Commission (FKTK) voiced objections March 27 to an ambitious government plan to reform it functions as part of a general clean-up of the financial sector. 
Latvian bank profits up 25% in 2018
2018 was a successful year for most Latvian banks, notwithstanding the fact that the country's third-largest bank, ABLV, went into liquidation and prompted a massive regulatory crackdown.
Shake-up imminent at Latvian financial regulator
Finance Minister Jānis Reirs on March 26 gave an indication of one of the key components of a major reform of the financial sector, with the introduction of a new and more transparent method of selecting a head of the national financial watchdog, the Financial and Capital Market Commission (FKTK).
Choose your Latvian coin of the year!
Bubble Fibula or Garden of Destiny? Honey or Curonian kings? Such are the thought processes in which you will find yourself engaged should you choose to take up an invitation from the Latvian central bank (Latvijas banka, LB) to select your favorite coin of 2018 in a public vote.
Finance watchdog: There are too many banks for size of Latvian market
With the decrease in non-resident deposits, Latvian banks will have to start offering niche products, as the number of banks in Latvia is too big for the local market, said Pēters Putniņš, head of the Financial and Capital Markets Commission (FKTK), appearing on LTV March 19.
Financial regulator claims non-resident sector has been turned around
Latvia's financial regulator, the Financial and Capital Market Commission (FKTK), released a bullish statement March 13 in which it said an assessment of new business models for former non-resident banks had been completed and, in the words of FKTK chairman Peters Putniņš: "There is no longer any reason to talk about the unrestricted flow of foreign currency that our national authorities would not be able to control."
Control Service approves roadmap for payouts to ABLV clients
The Financial and Capital Market Commission (FKTK) on Monday received the methodology for screening the creditors of ABLV Bank for the bank’s self-liquidation, which has finally been approved by the Latvian Office for Prevention of Laundering of Proceeds Derived from Criminal Activity (Control Service), FKTK spokeswoman Ieva Upleja said March 4.
New financial sector update available
A new edition of the Financial Sector Update bulletin that is part of the government's drive to improve the reputation of the financial sector, has been published at the Cabinet of Ministers website
Latvia abandons "regional financial hub" aspiration
Latvia is officially giving up on its former ambitions to become a regional financial hub, after the government on February 12 discussed Finance Ministry proposals to delete wording expressing such hopes from the country's Financial Sector Development Plan.
Latvian financial sector info available in English
Latvian banks have been consistently  in the international headlines over the last year - often, but not always, for the wrong reasons - and with a major reform underway to try to turn around the sector's reputation, the financial regulator has unveiled a new, easy-to-read quarterly report to keep abreast of current trends. And it's available in English as well as Latvian.