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4/23/2022

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Meeting with Latvian Finance Minister Jānis Reirs | U.S. …

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s
Meeting with Latvian Finance Minister Jānis Reirs
April 22, 2022

WASHINGTON – Deputy Secretary of the Treasury Wally Adeyemo met today with Latviaʼs
Minister of Finance Jānis Reirs. They discussed Latviaʼs sustained commitment to
strengthening its anti-money laundering /countering the financing of terrorism (AML/CFT)
regime, including through supervisory e orts, enforcement actions against financial
institutions with AML deficiencies, and a reduction of the banking sectorʼs reliance on nonresident deposits. They also discussed close partnership on international sanctions imposed
on Russia for its war against Ukraine and next steps to increase financial pressure on Moscow.
Deputy Secretary Adeyemo noted Latviaʼs swi sanctions cooperation in November 2021,
when Latvian authorities joined Treasury in a counter-ransomware action against virtual
currency exchange Chatex.

https://home.treasury.gov/news/press-releases/jy0746

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