Band 3
Provided by Edgars Pastars
AML and Sanctions, Financial Services Regulatory, Fintech, Public law, Constitutional law
Edgars Pastars is Head of the Financial Regulatory and Compliance Practice. He is an ACAMS Certified Anti-Money Laundering Specialist (CAMS) and Certified Global Sanctions Specialist (CGSS), and among the most highly respected public law experts and the co-author of several key books on constitutional law.
Edgars has extensive constitutional litigation experience. He is regularly called upon by the Constitutional Court to provide expert opinion on relevant procedural matters. Moreover, he has acted for a range of clients in administrative proceedings, the Cabinet of Ministers and the Ministry of Transport among them.
He has been among the drafters of numerous laws, regulations and legislative amendments (in the area of construction, banking, finances, real estate, employment, anti-money laundering and the responsibility of state officials), being the one to initiate new and non-customary solutions (e.g. regulation of companies important for national security, adjustment of the UK JMLIT regulation to Latvia).
Edgars has worked extensively on matters closely related to banking and finances, by advising on legal, compliance (Moneyval evaluation), risk management, capital market (covered bonds, securitization, pension funds), consumer crediting and payments (including PSD2 implementation) and has represented Latvia’s financial sector at the European Banking Federation and Europol working groups.
He has continuously participated in legislative drafting work groups at the Ministry of Justice for civil procedure law amendments, commercial law amendments and improved insolvency regulation.
ACAMS Baltics Chapter Board Member (since 2026)
ACAMS (largest international membership organization for Anti-Financial Crime professionals) certified anti-money laundering specialist (since 2022)
Latvian Bar Association (since 2016)
Member of State Heraldry Commission (since 2015)
Provided by Chambers
Edgars Pastars is recognised for his expertise in regulatory matters. He frequently assists clients with both contentious and non-contentious matters, including those pertaining to sanctions, AML and ESG.
Provided by Chambers
Edgars Pastars combines exceptional legal expertise with a deep understanding of economics, analytical skills and business acumen.
Edgars Pastars maintains a visionary outlook.
Edgars Pastars combines exceptional legal expertise with a deep understanding of economics, analytical skills and business acumen.
Edgars Pastars maintains a visionary outlook.