Latvia’s Ministry of Finance (FM) has withdrawn its planned proposal to introduce a 750 euros threshold for declaring cash deposit transactions, according to information published on the Legal Acts Drafting Portal. The ministry explained that the draft regulations on reporting suspicious transactions and submitting threshold declarations received significant objections during the public…

Voters on the 8th of March voted to enshrine the right to use cash in the country’s constitution, Politico reports. The official result showed 73.4% of Swiss voters supported the constitutional amendment. The government had pushed it as an alternative to a similar initiative by the populist group Swiss Freedom Movement. The group’s initiative to […]

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