750 euros threshold will not be introduced in Latvia – political opposition halts Finance Ministry plan

Latvia’s Ministry of Finance (FM) has withdrawn its planned proposal to introduce a 750 euros threshold for declaring cash deposit transactions, according to information published on the Legal Acts Drafting Portal. The ministry explained that the draft regulations on reporting suspicious transactions and submitting threshold declarations received significant objections during the public consultation process. As […] The post 750 euros threshold will not be introduced in Latvia – political opposition halts Finance Ministry plan appeared first on Baltic News Network.