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Laws and regulations

Laws and regulations of the Republic of Latvia

In the Republic of Latvia, the implementation of international and national sanctions is regulated by the Law on International Sanctions and National Sanctions of the Republic of Latvia, which applies to all persons and requires them to comply with and implement international and national sanctions. Among other things, the law governs the applicability of exemptions to sanctions, requires every person to immediately report to the Financial Intelligence Unit (FIU) of the implementation of international and national sanctions, establishes the obligation to report breaches and circumvention of sanctions or their attempts, and covers other matters in the field of sanctions.

Violation of international or national sanctions of the Republic of Latvia may give rise to criminal liability under Section 84 of the Criminal Law.

The Regulation of the Cabinet of Ministers No 184 “Procedures for the Proposition and Implementation of International and National Sanctions” sets out the procedure for persons to notify the FIU of frozen funds and economic resources, as well as the requirements on the minimum amount of information and documents that must be submitted with the application for obtaining the FIU’s authorisation, and regulates other matters in the field of sanctions.

Please note that the list of laws and regulations is prepared for informational purposes only and does not contain links to all laws and regulations of the Republic of Latvia. The laws and regulations of the Republic of Latvia are published in Latvijas Vēstnesis (official publisher of the Republic of Latvia) and on the website https://likumi.lv/

Furthermore, please note that the links provided lead to unofficial translations. These translations may not always reflect the most recent amendments to the laws and regulations. Where applicable, a corresponding note is included at the beginning of the document. The official version of the laws and regulations is available in Latvian only.

Main Latvian laws and regulations governing sanctions
Laws and regulations establishing national sanctions of the Republic of Latvia
European Union (EU) laws and regulations

The EU sanctions are imposed by the EU Council decisions, which are binding on the EU Member States, and by the Council Regulations, which are binding on all persons within or outside the EU who are nationals of its Member State, on any legal entity, structure, or body incorporated or registered under the law of a Member State, or in connection with any business done in whole or in part in the EU.

In total, there are more than 40 different EU sanctions regimes. Detailed information about the EU sanctions is available on the Sanctions Map and on the website of the Ministry of Foreign Affairs.

Given the current geopolitical situation and the geographic location of the Republic of Latvia, the sanctions imposed on the countries neighbouring the Republic of Latvia (Russia and Belarus) have a significant impact on the economy of the Republic of Latvia, and there is a higher risk of breaches and circumvention of the sanctions imposed by the EU. Thus, this website provides links to the EU Council regulations imposing sanctions against Russia and Belarus. Please note that the links are to the consolidated versions of these laws and regulations.

To make it possible to apply laws and regulations in practice and to read the full text of a law or regulation in one document instead of multiple documents, the texts of the laws and regulations are published with amendments incorporated into them, i.e. consolidated versions. This website provides links to consolidated versions of the EU laws and regulations. Please note that the consolidated versions of the laws and regulations will not be immediately available after the imposition of new EU sanctions. Absence of information in the consolidated versions of the EU laws and regulations links to which are provided by the FIU does not exempt a person from its obligations under the laws and regulations governing sanctions.

Please note that the list of laws and regulations is prepared for informational purposes only and does not contain links to all sanctions-related laws and regulations of the European Union. The EU laws and regulations publications are available in the Official Journal of the European Union.

Sanctions against Russia

Targeted financial sanctions

Sectoral sanctions

Sanctions against Belarus

Please note that certain Belarusian citizens are also sanctioned by Council Regulation (EU) No 269/2014 concerning restrictive measures in respect of activities undermining or threatening the territorial integrity, sovereignty and independence of Ukraine.

Sanctions regarding Crimea and Sevastopol
Sanctions regarding Donetsk and Luhansk
United Nations (UN) Security Council sanctions

International sanctions imposed by the UN Security Council resolutions are binding on the Republic of Latvia and once adopted, must be directly implemented in the Republic of Latvia. The UN Security Council sanctions are adopted by the EU through laws and regulations that are directly legally binding on all EU Member States. At the same time, the EU can also increase the severity of UN sanctions by imposing measures additional to those imposed by the UN Security Council.

A consolidated list of the UN Security Council sanctions is available here.


We would like to note that the FIU maintains a Sanctions Lists Search tool, where information on sanctioned persons (natural or legal persons or other identifiable subjects) listed in UN, EU or Latvian national sanctions lists is available, including a link to the law or regulation based which the person has been included in the sanctions list. For more details, please click here.