Past Event

Money laundering and hybrid threats: Has COVID-19 made it all worse?

Will the European Union and its member states be ready to control this risk – even if competition for financial inflows intensifies?

Date: February 18, 2021, 2:00 pm Topic: Finance & Financial Regulation

video & audio recordings

Bruegel · Money laundering and hybrid threats: Has COVID-19 made it all worse?

Money laundering is a permanent threat to the financial system, and the EU has actively worked at developing its prevention mechanisms. The COVID-19 pandemic and its economic impact may have made money laundering an even bigger problem and enabled its use as part of hybrid threats to financial systems. In addition many countries, including EU member states, are currently struggling and looking for outside money to shore up their economies.

At this event, invited guests discussed the implications of the pandemic on the fight against money laundering. Will the EU and its member states be ready to control this risk – even if competition for financial inflows intensifies?

This event was organised in cooperation with the European Centre of Excellence for Countering Hybrid Threats.

Presentation by Arnis Praudins

Presentation by llze Znotiņa

Schedule

Feb 18, 2021

14:00-14:10

Introductory remarks

Arnis Šnore, Deputy Director, Community of Interest on Vulnerabilities and Resilience, Hybrid CoE

14:10-14:50

Conversation

Chair: Nicolas Véron, Senior Fellow

Arnis Praudins, Head of the Financial Crime Risk (Compliance), Swedbank Latvija

llze Znotiņa, Head, Financial Intelligence Unit of Latvia

Arnis Šnore, Deputy Director, Community of Interest on Vulnerabilities and Resilience, Hybrid CoE

14:50-15:10

Q&A

15:10-15:15

Conclusion

Speakers

Arnis Praudins

Head of the Financial Crime Risk (Compliance), Swedbank Latvija

Arnis Šnore

Deputy Director, Community of Interest on Vulnerabilities and Resilience, Hybrid CoE

Nicolas Véron

Senior Fellow

llze Znotiņa

Head, Financial Intelligence Unit of Latvia

Location & Contact

Katja Knezevic

[email protected]

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