Toms Platacis, Head of the Financial Intelligence Unit (FIU) Latvia, and Paulis Iljenkovs, Deputy Head of FIU Latvia, share their expertise on sanctions enforcement in the EU. They emphasize the need for a strong deterrent against sanctions breaches, advocating for real convictions and hefty fines. The duo discusses Latvia's role as the national authority for sanctions, the complexities of compliance among industries, and the evolving landscape of financial intelligence units working together against sanctions evasion, particularly in the context of geopolitical tensions.
