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Commission Report (2002): Latvia

Chapter 3: Freedom to provide services

The reinforcement of the supervision of financial services has continued. Measures foreseen in the Action Plan in this field such as exchange of information with the financial and capital market supervisory authorities and training, are on track. In order to complete alignment of the data protection legislation further amendments need to be adopted, which also need to ensure independence of the supervisory body. As required in the Action Plan, the State Data Inspectorate was strengthened in terms of budgeting and staffing. Overall, the Accession Partnership priorities in the area of freedom to provide services have been partially met. The time schedule set in the Action Plan is being largely respected.

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