Latvian law permits all citizens to report frauds against the U.S. Government under the False Claims Act, or violations of the provisions of the Securities & Exchange Act, Foreign Corrupt Practice Act, or Commodities Exchange Act.
What disclosures are currently protected?
Latvia passed a nationwide whistleblower law that came into effect in 2019. Under this law disclosures regarding administrative or criminal violations occurring at a public institution are protected.
However, there are no reward provisions for successful whistleblowers under this law. Therefore, whistleblowers may be better off reporting to U.S. regulators, at least until the transposition of the Whistleblower Directive is complete.
Can Latvian whistleblowers receive rewards?
There is no law in Latvia providing whistleblowers rewards, however, they may receive rewards through U.S. laws.
Recent updates and future legislative developments
Latvia has begun the process of transposing the EU Whistleblower Directive and is welcoming comments for amendments to the current law that will give effect to the provisions of the Directive. Given the nationwide protections already in place for protecting whistleblowers from retaliation, whistleblowers and advocates alike are cautiously optimistic about protections to be offered in the new legislation.
Can/should Latvian whistleblowers report to U.S. officials?
No law in Latvia currently prohibits Latvian citizens from reporting frauds against the U.S. government under the False Claims Act, or violations of provisions of other statutes including the Securities & Exchange Act, Foreign Corrupt Practice Act, or Commodities Exchange Act. Therefore, Latvian whistleblowers can and should report relevant violations to U.S. officials under these laws.