05
October 2018
Past Event
Countering Russian Money Laundering: Lessons from Latvia

Countering Russian Money Laundering: Lessons from Latvia

Past Event
Hudson Institute, Washington, D.C. Headquarters
October 05, 2018
05
October 2018
Past Event

1201 Pennsylvania Avenue, N.W., Suite 400
Washington, DC 20004

Speakers:
Charles Davidson

Former Executive Director, Kleptocracy Initiative

Joshua Kirschenbaum

Joshua Kirschenbaum is a Senior Fellow at German Marshall Fund’s Alliance for Securing Democracy [@joshkirschGMF]

Andris Teikmanis

Andris Teikmanis is Ambassador of the Republic of Latvia to the United States [@teikmanis]

Nicolas Veron

Nicolas Veron is a Senior Fellow at Bruegel and the Peterson Institute for International Economics [@nicolas_veron]

Ilze Znotiņa

Ilza Znotiņa is Head of Latvia’s Financial Intelligence Unit

On October 5, Hudson Institute’s Kleptocracy Initiative hosted Ilze Znotina, Head of Latvia’s Financial Intelligence Unit, for a keynote speech on recent efforts to strengthen her country’s anti-money laundering regime. Her remarks will be followed by an expert panel discussion on safeguarding the European banking system against illicit financial flows from Russia and the former Soviet Union.

A spate of recent investigations across the globe highlights the alarming proliferation of financial corruption. Latvia’s ABLV Bank recently collapsed amid U.S. accusations of facilitating Russian money laundering, sanctions evasion, and bribing public officials. Latvia moved swiftly to address weaknesses in financial sector oversight, but the episode illustrates a wider vulnerability to the corrosive effects of illicit finance within the European banking sector.

In the past month alone, Denmark’s Danske Bank has been placed under investigation after $234 billion in potentially suspicious transactions passed through its tiny Estonian branch; the Netherlands’ ING agreed to pay $900 million for failing to prevent money laundering through its accounts; and Switzerland’s Credit Suisse was formally reprimanded over anti-corruption failures.

The event was co-sponsored by the German Marshall Fund’s Alliance for Securing Democracy.

Related Events
26
June 2024
In-Person Event | Hudson Institute
Mexico’s New Political Landscape: A Conversation with Luis Rubio
Featured Speakers:
Luis Rubio
Daniel Batlle
Presidential candidate Claudia Sheinbaum shows her inked fingerprint after casting her vote during the presidential elections in Mexico City, Mexico, on June 2, 2024. (Photo by Cristopher Rogel Blankquet/Getty Images)
26
June 2024
In-Person Event | Hudson Institute
Mexico’s New Political Landscape: A Conversation with Luis Rubio

Join Hudson Institute for a conversation with Luis Rubio, chairman of México Evalúa and former president of Consejo Mexicano de Asuntos Exteriores (COMEXI), on Mexico’s new political landscape.

Presidential candidate Claudia Sheinbaum shows her inked fingerprint after casting her vote during the presidential elections in Mexico City, Mexico, on June 2, 2024. (Photo by Cristopher Rogel Blankquet/Getty Images)
Featured Speakers:
Luis Rubio
Daniel Batlle
21
June 2024
Past Event
What China’s Middle East Policy Means for the US and Israel
Featured Speakers:
John Lee
Tuvia Gering
Moderator:
Zineb Riboua
Wang Yi speaks at a press conference on May 30, 2024, in Beijing, China. (Photo by Wang Zhao-Pool/Getty Images)
21
June 2024
Past Event
What China’s Middle East Policy Means for the US and Israel

To discuss China’s ambitions in the Middle East, Beijing’s position in the Israel-Hamas conflict, and what this all means for American interests in the region, Hudson’s Zineb Riboua hosts a discussion with Senior Fellow John Lee and Atlantic Council Nonresident Fellow Tuvia Gering.

Wang Yi speaks at a press conference on May 30, 2024, in Beijing, China. (Photo by Wang Zhao-Pool/Getty Images)
Featured Speakers:
John Lee
Tuvia Gering
Moderator:
Zineb Riboua
21
June 2024
Past Event
The Black Sea Region as a Global Inflection Point
Featured Speakers:
Luminiţa-Teodora Odobescu
Jamie Fly
Moderator:
Peter Rough
Russian ships and jets take part in a military exercise on the coast of the Black Sea in Crimea on September 9, 2016. (Photo by Vasily Maximov/AFP via Getty Images)
21
June 2024
Past Event
The Black Sea Region as a Global Inflection Point

Join Hudson for a discussion with Romanian Foreign Minister Luminiţa-Teodora Odobescu on why Russia’s war against Ukraine and the broader contest for the future of the Black Sea region is a global inflection point with far-reaching ramifications. The West today faces a stark choice: disengage and watch the Black Sea radiate instability and embolden autocrats, or seize the opportunity to transform the region into a driver of future transatlantic prosperity and security.

Russian ships and jets take part in a military exercise on the coast of the Black Sea in Crimea on September 9, 2016. (Photo by Vasily Maximov/AFP via Getty Images)
Featured Speakers:
Luminiţa-Teodora Odobescu
Jamie Fly
Moderator:
Peter Rough
21
June 2024
Past Event
Accelerating Latin America’s Economic Growth
Featured Speakers:
William Maloney
Elena Ianchovichina
Moderator:
Daniel Batlle
Torre Latinoamericana (Latin-American Tower) stands over its central location in Mexico City.
21
June 2024
Past Event
Accelerating Latin America’s Economic Growth

Join Hudson for a conversation with World Bank economists William Maloney and Elena Ianchovichina on how productivity gains could help accelerate economic growth in Latin America.

Torre Latinoamericana (Latin-American Tower) stands over its central location in Mexico City.
Featured Speakers:
William Maloney
Elena Ianchovichina
Moderator:
Daniel Batlle