That would be contrary to the avowed aim of supervisors of setting the supervisory framework in such a way that the banks themselves have every interest in improving their own risk-management techniques.
There are virtually no restrictions on cash and capital flows to and from Latvia. Banking sector development At present there are 25 commercial banks in Latvia, including a branch of the French Société Generale and subsidiaries of the German Vereinsbank, Finnish Merita Nordbanken and Estonian Hansabank. Important foreign banking institutions are major shareholders in several Latvian banks.