SIA FinMV (Reg. No. 40203378371) confirms its commitment to the strict observance of international, European and national sanctions, including, but not limited to:
- Sanctions of the European Union;
- OFAC sanctions (United States);
- UK OFSI sanctions (United Kingdom);
- Sanctions imposed in Latvia under the law "Par starptautiskajām un Latvijas Republikas nacionālajām sankcijām".
We:
- Do not cooperate with individuals or entities listed in any sanctions lists or registered in high-risk jurisdictions;
- Conduct mandatory sanctions screening of all clients, their beneficial owners and end-users, applying the 50% control rule;
- Reserve the right to suspend or terminate cooperation upon identification of any “red flags” in accordance with Noteikumi Nr. 277 Latvijas Bankas;
- Update our internal sanctions risk control system (IKS) at least annually or whenever regulatory changes occur.
Any breach of this statement shall be deemed a material breach of contract and will result in immediate termination of cooperation and notification of the competent authorities.
14.02.2022
