The audit of the State Audit Office has concluded that the public sector needs many significant improvements to be ready to identify and prevent risks of money laundering and violation of sanctions, to assess practices proactively to detect suspicious transactions promptly and avoid transactions with sanctioned persons, thus avoiding negative consequences for the state of Latvia and the population.

 

Sectors

Regional development and local and regional governments Public Sector Finances

Type

Compliance

Number

2.4.1-41/2020

Department

The Fifth Audit Department

Date of publication

27.10.2021.

Audited period

01.01.2017. - 30.06.2021.

Decision date

11.10.2021.

Audited entities

  • Madona Region, Rēzekne Region, Bauska Region, Cēsis Region, Daugavpils City, Jēkabpils Region, Jūrmala City, Jelgava City, Limbaži Region, Liepāja City, Rēzekne City, Ventspils City, Saldus Region, Sigulda Region, Augšdaugava Region, Valmiera Region

Attachments