How dirty Russian money taught Latvia to get serious on sanctions

“Latvia is, in a positive way, a perfect storm,” explains Tom Keatinge, director of the Centre for Financial Crime and Security Studies at RUSI, a U.K.-based think tank. “It’s a small country and its geography means that it’s highly motivated to be efficient.”...Other countries that take a diffuse approach feel the same way, said RUSI’s Kinga Redłowska, who heads the European branch of the Centre for Financial Crime and Security Studies. She cited the Netherlands as an example: “They are making a case that you can have fairly effective enforcement without a strongly centralized model. I would point to coordination, rather than centralization.”