Rīgas Juridiskā augstskola / Riga Graduate School of Law

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https://dspace-dev.lu.lv/handle/7/1058
RĪGAS JURIDISKĀS AUGSTSKOLAS STUDENTU BAKALAURA UN MAĢISTRA DARBI (2018 -).

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Browsing Rīgas Juridiskā augstskola / Riga Graduate School of Law by Subject "Anti-money laundering"

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    Analysis of the evolution of the EU regulatory approach on virtual assets
    (Riga Graduate School of Law, 2022) Rosta, Milad Humayon; Rācenāja, Ieva; Riga Graduate School of Law
    The technological advancements of virtual assets are growing exponentially in numbers now providing better security and enhanced privacy for its users. Furthermore, users may scramble and tumble virtual assets disguising their records of transactions. Innovations such as these although allow users to enjoy enhanced privacy in a world of constant supervision and “liberalization” of currency from the state, has however also opened a milieu for criminals to operate in, allowing money laundering, terrorism financing, tax and sanctions evasion, and other financial crimes to go unnoticed. In that regard, this thesis focuses on how the European Union has managed to catch up with the continuous innovations in virtual assets in terms of managing to rein in and regulate the market.
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    Comparative analysis of the customer identification and due diligence in the financial system in the Republic of Latvia and the Russian Federation
    (Riga Graduate School of Law, 2022) Puriņš, Jānis Ričards; Jēkabsone, Inga; Riga Graduate School of Law
    Nowadays, to prevent money laundering and terrorism financing customer due diligence and customer identification play crucial roles in the banking sector. The purpose of the bachelor thesis is to unfold the vulnerabilities of customer due diligence and customer identification between Russia and Latvia. In the thesis, doctrinal research methodology was used to examine and analyse the laws and threats to which each country could be exposed. Today each subject of the law, who is bound under the money laundering and combating terrorism financing law, has to have an inner control system, which is responsible to prevent violations of law. Each customer has to reveal who is the beneficial owner, check the customer's background, what is the nature of the business relationship, etc. The most important component to successfully stopping money laundering and terrorism financing are companies adaptability to each situation. Without sufficient understanding of the customer, the subject of the law can not establish business relationships. The thesis is compared European directive no. 2018/843, Russian directive no. 115-FZ, and Latvian AML directive.
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    Risk-based approach in the European anti-money laundering legislation: origins, benefits, and implications
    (Riga Graduate School of Law, 2018) Kaplans, Jakovs; Linowski, Dirk; Riga Graduate School of Law
    The major objective of the thesis is identifying the benefits and implications of the risk-based approach under the Third and the Fourth Anti-Money Laundering Directives. Thesis aims to discover why did the European AML regime shift from the rule-based approach to the risk-based approach, as well as aims to identify which benefits and implications does the risk-based approach bring and analyses how does the transition to the risk-based approach affect customer identification.