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The U.S. Treasury Department warned Latvia that its banks are still being used to transfer funds linked to blacklisted individuals and entities, the Financial Times said, citing LSM. More and More Latvia’s finance minister said the nation may be hit with international sanctions for failing to prevent money laundering and called for domestic banks to cut ties with risky clients, LSM said, citing LTV. More Latvia will improve anti-money laundering supervision of banks and may impose a levy on financial transactions involving shell companies, Prime Minister Maris Kucinskis told Reuters. More Latvian central bank chief Ilmars Rimsevics continues to resist calls...