Latvia may replace regulator’s board several years early

latvia-parliament
Latvia's parliament building

Latvia’s government may replace the entire board of the country’s financial regulation authority several years before their terms expire, it announced today (March 26).

Latvia’s official news agency said the government was considering appointing a new board to the Financial and Capital Market Commission (FKTK) in October.

The possible change to the regulator comes as Latvia’s authorities try to deal with a growing number of allegations of major financial corruption. Bank of Latvia governor

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: