Latvia has received a positive evaluation regarding its financial sector as efforts against money laundering are recognized internationally. The expert committee 'Moneyval' from the Council of Europe has assessed that Latvia has made significant improvements in its systems to combat financial crimes. This newfound recognition is seen as beneficial for the growth and stability of the financial sector, as commented by officials from the Ministry of Justice and the Financial Intelligence Unit.

In other news, the Latvian parliament, Saeima, has passed amendments to the Education Law, aiming to restrict distance learning starting in 2027. As part of these changes, first and fourth graders will no longer be allowed to participate in remote education after next September. This legislative move is likely to reshape the educational landscape in Latvia, favoring more traditional classroom learning for younger students.

Additionally, the Saeima has broadened the age range of youth under the Youth Law, extending it from 13 to 30 years old, up from the previous 25 years. This decision reflects an evolving understanding of youth in society, recognizing a longer period of transition into adulthood. Furthermore, the Saeima is also deliberating on the potential revocation of citizenship for Andrejs Mamikin, a former Member of the European Parliament, indicating serious governmental scrutiny on individuals involved in larger political narratives