Latvia: ABLV Bank’s liquidation model still not approved

U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) distances from Latvian Finance and Capital Market Commission’s (FCMC) statement regarding the coordinated liquidation model for ABLV Bank, as noted by the US Embassy in Latvia. FCMC had previously reported that after meeting with representatives from FinCEN the committee saw no obstacles for the execution of FCMC’s…

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