The Summit programme will focus on the new AML package, sanctions compliance and supervisory priorities in relation to the prevention of money laundering in the Baltics, securitisation trends in Europe, fund scene in the Baltics, ESG in practice etc.

“After two years of FinReg in the digital mode we are excited to bring it back to Riga and resume the tradition to gather the financial industry professionals and discuss the most relevant issues and practices. We are certain that the programme of this year’s FinReg is well balanced to cover such fundamental and essential regulatory issues as AML and sanction compliance as well as discuss the latest trends and practices shaping industries tomorrow, including ESG and securitisation,” says Edgars Lodziņš, Partner and Head of Banking and Finance at COBALT Latvia.

Akvilė Bosaitė, partner and head of the Banking and Finance Practice Group at COBALT Lithuania, seconds that many relevant topics will be discussed at the conference. One of them is the establishment of collective investment undertakings (funds):

“Customers often ask for advice on which of the Baltic States to choose for the establishment of such entities and where the legal, regulatory and tax environment is more favourable. One of the sessions of FinReg will be dedicated to the current and future fund managers to discuss the practical advantages of choosing Lithuania, Latvia or Estonia for the establishment of collective investment undertakings and to review the forthcoming directive on alternative collective investment undertakings and its changes,”- says A. Bosaitė.

The Summit programme will offer a truly impressive line-up of international and local speakers, including Head of Digital Finance unit at European Banking Authority Rūta Merkevičiūtė, Deputy Head of the AML Unit in DG FISMA of the European Commission Claude Bocqueraz, Senior Policy Adviser at European Banking Federation Roger Kaiser, Chairwoman of the Financial and Capital Market Commission of the Republic of Latvia Santa Purgaile, Heads of the Financial Intelligence Units of Latvia and Estonia Ilze Znotiņa and Matis Mäeker, director of the Center of Excellence in Anti-Money Laundering in Lithuania Eimantas Vytuvis etc. Full list of speakers and agenda on the Summit webpage: www.balticfinreg.eu

Baltic FinReg Summit is organised in partnership with the financial sector cluster organisations – Estonian Banking Association, Finance Latvia Association, and Lithuanian Banking Association – and is inspired and powered by COBALT, a leading pan-Baltic law firm operating in Estonia, Latvia and Lithuania.