Finance Latvia Association Conference 2023

April 27, 2023 | Riga, Latvia

National Library of Latvia, Mūkusalas Street 3, Riga, Latvia

Program

The best practices to ensure compliance with AML and effective implementation of sanctions.
The next steps of using these achievements to reach the ESG goals.

On April 27, 2023, FROM GREY TO GREEN: LATVIA’S SUCCESS STORY will convene experts from various financial industry areas to look at what has been done to strengthen the reputation of Latvia’s financial industry in the international arena, and discuss how to further capitalize these achievements.

Innovative solutions for compliance requirements that also effectively help to achieve ESG goals, supply chain management challenges within the framework of sanctions, ensuring availability of financial services to refugees and mitigate risks of human trafficking, how AML responsibilities interact with ESG, and much more.

25+ international experts

10+ topics

The conference will take place at the National Library of Latvia in Riga, right next to the heart of the city – Daugava River. After the conference, you will be invited to join networking with participants and speakers.

Speakers

Finance Latvia Association Conference will feature local and international speakers from different financial industry arenas (the list to be extended).

Moderator

Māris Vainovskis

Senior Partner, Head of M&A and Commercial, Head of Banking and Finance at Eversheds Sutherland Bitāns, Head of Investment Protection Working Group at Foreign Investors’ Council in Latvia (FICIL), Board member of the Foreign Investors’ Council in Latvia (FICIL)

Krišjānis Kariņš

Prime Minister of the Republic of Latvia

Sanita Bajāre

Finance Latvia Association chairwoman

Sébastien de Brouwer

Chief Policy Officer at the European Banking Federation (EBF)

Ieva Tetere

CEO at SEB Latvia, Chairperson of the Finance Latvia Associations Council

Kristīne Černaja-Mežmale

Member of the Council of Latvijas Banka

Paulis Iļjenkovs

Head of Strategic Analysis Division at Financial Intelligence Unit (FIU) Latvia

Howard Rawstron

Head of Economic Crime Prevention Oversight Lloyds Banking Group & Advisory Board Member Cifas

Mihails Kozlovs

Member of the European Court of Auditors, Dean of Chamber IV – “Regulation of Markets and competitive economy”.

Dr. Frank Haberstroh

Anti-Financial Crime Specialist for the Finance Against Slavery and Trafficking (FAST) initiative, a project based at the United Nations University Centre for Policy Research

Oliver Bullough

Journalist and author of Butler to the World and Moneyland

Samuel Cousins

Senior Associate – Sanctions, Ransomware & Risk at ACAMS

Yehuda Shaffer

Former deputy state attorney and FIU Head Israel, Independent consultant

Uldis Upenieks

Citadele Chief Compliance Officer, Member of the Management Board

Jānis Kauliņš

CAMS, CAMS-Audit, CFA, FCCA, CIA, CISSP expert, partner at EY

Amandine Scherrer

(PhD.), Policy Expert, AML/CFT Unit, European Banking Authority

Pauls Ābele

Board member at “Latvijas Finieris”

Karīna Lindava

Head of Anti Financial Crime, Member of the Management Board at Swedbank Latvia

Zlata Elksniņa- Zaščirinska

Country Managing Partner of PwC Latvia, Chairperson of the FICIL Executive Board

Mariia Kolhanova

NABU (The Independent Association of the Banks of Ukraine) Executive Director

Jan Persson- Tyggedsson

Senior Customer Success Manager, Customer & Third Party Risk Solutions hos Refinitiv, an LSEG Business

Andris Grafs

Vice President Latvia at the Baltic Institute of Corporate Governance

Guna Paidere

Chief state Notary at Register of Enterprises of the Republic of Latvia

Agnese Lāce

Senior Policy Analyst at Providus

Siiri Grabbi

Sanctions Officer at Coop Pank AS, Estonia

Program

09.00 – 10.00

Registration

10.00 – 10.25

Opening remarks

Krišjānis Kariņš, Prime Minister of the Republic of Latvia
Sanita Bajāre, Finance Latvia Association chairwoman
Sébastien de Brouwer, Chief Policy Officer at the European Banking Federation (EBF)
Māris Vainovskis, Moderator, Senior Partner, Head of M&A and Commercial, Head of Banking and Finance at Eversheds Sutherland Bitāns, Head of Investment Protection Working Group at Foreign Investors’ Council in Latvia (FICIL), Board member of the Foreign Investors’ Council in Latvia (FICIL)

PART 1: AML – SUSTAINABILITY IN ACTION

10.25 – 11.10

Discussion “How does AML policy contribute to ESG goals?”

Moderator: Zlata Elksniņa-Zaščirinska, Country Managing Partner of PwC Latvia, Chairperson of the FICIL Executive Board
Participants: Mihails Kozlovs, Member at the European Court of Auditors, Dean of Chamber IV
Ieva Tetere, CEO at SEB Latvia, Chairperson of the Finance Latvia Associations Council
Kristīne Černaja-Mežmale, Member of the Council of Latvijas Banka

11.10 – 11.30

COFFEE BREAK

PART 2: ESG IN THE WORLD OF WAR – THE “S” ELEMENT

11.30 – 11.40

“Banking system of Ukraine during war: key indicators and main steps of banks”

Mariia Kolhanova,  NABU (The Independent Association of the Banks of Ukraine) Executive Director

11.40 – 11.50

“Banking sector reacting to the migration crisis: DOs and DON’Ts, best practices”

Amandine Scherrer (PhD.), Policy Expert, AML/CFT Unit, European Banking Authority

11.50 – 12.35

Discussion “Compliance with AML/CFT requirements: how to respond to migration to mitigate risks of human trafficking?”

Moderator: Jānis Kauliņš, CAMS, CAMS-Audit, CFA, FCCA, CIA, CISSP expert, partner at EY
Participants: Frank Haberstroh, Anti – Financial Crime Specialist for the Finance Against Slavery and Trafficking (FAST) initiative, a project based at the United Nations University Centre for Policy Research
Karīna Lindava, Head of Anti Financial Crime, Member of the Management Board
Agnese Lāce, Senior Policy Analyst at Providus

12.35–13.35

LUNCH BREAK

PART 3: ESG IN THE WORLD OF SANCTIONS – THE “G” ELEMENT

13.35–13.45

“ESG in business and risk management”

Andris Grafs, Vice President at Baltic Institute of Corporate Governance

13.45–13.55

“How Western Countries helped the oligarchs loot Russia”

Oliver Bullough, Journalist and author of “Butler to the World” and “Moneyland”

13.55–14.40

Discussion “How good governance helps in the challenging era of sanctions: why and how businesses and society benefit”

Moderator: Samuel Cousins, Senior Associate – Sanctions, Ransomware & Risk at ACAMS Participants: Paulis Iļjenkovs, Head of Strategic Analysis Division at Financial Intelligence Unit (FIU) Latvia
Pauls Ābele, Board member at “Latvijas Finieris”
Siiri Grabbi, Sanctions Officer at Coop Pank AS, Estonia

14.40–15.00

COFFEE BREAK

PART 4: AVAILABLE TOOLS FOR BETTERING AML AND ESG: IS IT WORTH IT?

15.00–15.15

“From grey to green: how Latvia achieved compliance with all 40 FATF recommendations”

Yehuda Shaffer, Former deputy state attorney and FIU Head Israel, Independent consultant

15.15–15.30

“Dare to share – the changing face of data sharing in the UK”

Howard Rawstron, Head of Economic Crime Prevention Oversight Lloyds Banking Group & Advisory Board Member Cifas

15.30–15.45

“Transparent UBO register as an enabler for a prosperous business environment”

Guna Paidere, Chief state Notary at Register of Enterprises of the Republic of Latvia

15.45–16.00

“Good practice regarding PPP”

Jan Persson- Tyggedsson, Senior Customer Success Manager, Customer & Third Party Risk Solutions hos Refinitiv, an LSEG Business

16.00–16.15

“Was it worth it: does the compliance with AML/CFT regulation address the necessity for sustainable development?”

Uldis Upenieks, Citadele Chief Compliance Officer, Member of the Management Board

16.15–16.20

Conclusions and closing remarks

Māris Vainovskis, Moderator, Senior Partner, Head of M&A and Commercial, Head of Banking and Finance at Eversheds Sutherland Bitāns, Head of Investment Protection Working Group at Foreign Investors’ Council in Latvia (FICIL), Board member of the Foreign Investors’ Council in Latvia (FICIL)

Registration is closed.

Finance Latvia Association