Sanctions Risks in 2025: What Baltic Businesses Need to Know
New guidelines from Latvia’s Financial Intelligence Unit (FID) and insights from the June 2025 FATF report highlight growing risks of indirect sanctions evasion - particularly through countries like China, Turkey, Kazakhstan, and others. These red flags aren’t just relevant to Latvian companies. The same principles apply across the Baltics, where businesses in finance, logistics, IT, and trade must remain alert to hidden end-users, suspicious trade routes, and deceptive intermediaries. FID and FATF guidelines outline practical steps for Baltic companies to assess sanctions risks and avoid becoming part of illicit networks.











