U.S. Treasury's Billingslea in Rīga: changes are "long overdue"
Marshall Billingslea, the Assistant Secretary of the U.S. Treasury was in Rīga May 16 to talk about Latvia's ongoing efforts to clean up its banking sector in the wake of the collapse of ABLV bank last year and several other scandals related to sanctions-busting and other issues.
Latvian central bank publishes annual report
Latvia's central bank, Latvijas Banka (LB) has published its annual report for 2018, and while it proved to be an exceptionally turbulent one as far as its leadership was concerned, the financial figures and its various competencies appear to have remained sound.  
Current financial regulator employee managed risk at bank when violations were made
The former management of Meridian Trade Bank could have caused losses to the bank by handing out loans for personal projects, the De facto investigative news show reported April 28. A striking detail is that the employee who was tasked to prevent such cases at the bank is now working at Latvia's finance watchdog, the Financial and Capital Markets Commission (FKTK).
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.