Latvia

Global sanctions guide

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  1. Does Latvia have a sanctions regime in place? 

Yes.

  1. Does Latvia implement UN sanctions? 

Yes.

  1. Does Latvia implement an autonomous sanctions regime? 

Yes.

  1. What is the nature of the sanctions regime in Latvia? 

Sanctions are implemented in Latvia by regulatory enactments of the EU or the Regulations of the Cabinet of Ministers of the Republic of Latvia. The sanctions stem from UN or EU sanctions.

  1. Does Latvia maintain a list of sanctioned individuals and entities? 

Yes.

  1. Are there any other lists related to sanctions? 

No.

  1. Does Latvia have a licensing or authorization system in place? 

Yes. The licensing agency is the Committee for the Control of Strategic Goods of the Ministry of Foreign Affairs of the Republic of Latvia. The duties of the Committee for the Control of Strategic Goods include:

  • accepting applications for export, import, transit and transfer licences and other certification and acceptance documents indicated in the Law On the Circulation of Goods of Strategic Significance and subsequent regulations of Cabinet of Ministers

  • issuing of licences, end-use certificates, import certificates and delivery verifications

  • providing information on compliance of goods with the EU Common Military List, National List of Goods and Services of Strategic Significance and other lists of controlled goods

  • monitoring the manufacture, storage, use and trade of strategic goods

  • developing and maintaining databases of documents, people, entities and items related to military and dual-use goods and their circulation

  1. What are the consequences for a breach of sanctions in Latvia? 

There is criminal liability for breach of sanctions in Latvia pursuant to Article 84 of the Criminal law. The penalties are prison sentences of up to five years or community service, or a fine. If such criminal offence has been committed by a group of persons according to a prior agreement or if it has been committed by a public official, the applicable punishment is deprivation of liberty for a period up to eight years.

  1. Who are the relevant regulators in Latvia and what are their contact details?

With regard to financial restrictions

The Financial and Capital Market Commission
Kungu Street 1
Riga LV-1050
Latvia

T: (+371) 67 77 4800
F: (+371) 67 22 5755
E: fktk@fktk.lv


With regard to travel restrictions

The Ministry of the Interior
Čiekurkalna 1.līnija 1 k-2
Riga LV-1026
Latvia

T: (+371) 67 21 9263
F: (+371) 67 82 9686
E: kanceleja@iem.gov.lv


With regard to controls on export of strategic goods and the co-ordinating institution for all sanctions

The Ministry of Foreign Affairs
Kr. Valdemāra Street 3
Riga LV-1395
Latvia

T: (+371) 67 01 6201
F: (+371) 67 82 8121
E: mfa.cha@mfa.gov.lv


The Strategic Goods Export Control Division of the Ministry of Foreign Affairs
Elizabetes iela 57 (5-th floor)
Riga LV-1050
Latvia

T: (+371) 67 01 6430, (+371) 67 01 6431
F: (+371) 67 28 4836


With regard to terrorism financing

Office for Prevention of Laundering of Proceeds Derived from Criminal Activity
Raiņa Boulevard 15
Riga LV-1050
Latvia

T: (+371) 67 04 4430
F: (+371) 67 32 4797
E: kd@kd.gov.lv


With regard to control on import of goods

National Customs Board of the State Revenue Service
Talejas Street 1
Riga LV-1978
Latvia

T: (+371) 67 12 0000
E: MP.konsultacija@vid.gov.lv

Contributor law firm

Inese Kalnāja-Zelča, Eversheds Sutherland Bitāns Law Office,, 20a Lacplesa Street, 3rd Floor, Riga, LV 1011, Latvia