ECB asks European Court of Justice to rule on barring of Latvian governor

ECB says Latvia’s authorities have effectively removed Rimšēvičs from office

Ilmārs Rimšēvičs
Ilmārs Rimšēvičs
Latvijas Avīze/Bank of Latvia

The European Central Bank has asked the European Court of Justice to rule on the legality of “security measures” taken by Latvia’s authorities that effectively prevent its serving governor from carrying out his role.

Bank of Latvia governor Ilmārs Rimšēvičs has been barred from conducting official business at the central bank or using its computer system. The moves were taken by the central bank after Latvia’s anti-corruption investigation authority, KNAB, formally prohibited Rimšēvičs from

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account