As financial crime becomes increasingly complex and transnational, fostering strong regional partner 

As financial crime becomes increasingly complex and transnational, fostering strong regional partnerships is essential. By sharing expertise, aligning approaches, and strengthening joint initiatives, FIUs can build a more resilient financial system capable of effectively detecting and disrupting illicit financial flows. 🙏🏻 As part of this commitment, Financial Intelligence Unit (FIU) Latvia recently visited FIU Lithuania and then Estonian Financial Intelligence Unit (FIU) for an experience exchange. Strengthening cooperation between the Baltic States’ FIUs is crucial for enhancing our collective capabilities and ensuring a more coordinated regional response to financial crime. 💡 In the meeting with Estonian Financial Intelligence Unit (FIU) we shared best practices, reviewed international cooperation mechanisms, and analyzed emerging challenges in sanctions compliance. Special attention was given to the multilateral strategic analysis study, highlighting its importance in identifying cross-border risks and enhancing intelligence-led decision-making. The value of joint, multilateral strategic and tactical analysis was also emphasized, as it enables a more comprehensive understanding of evolving threats on a regional level. 🙌🏻 Participants acknowledged not only the need to maintain the current level of cooperation but also expressed a strong interest in expanding collaborative efforts through more integrated analytical frameworks, information-sharing mechanisms, and joint operational planning. This visit reflects our commitment to continuous knowledge-sharing and innovation in financial intelligence, ultimately contributing to a safer and more transparent financial environment in the Baltic region and beyond. #FIULatvia #FIUEstonia #FinancialCrime #AML #Sanctions #InternationalCooperation Read More