The Baltic Financial Center (BFC) at the RTU Riga Business School has conducted an independent study analyzing Latvian and global practices in mortgage market design and competition promotion to promote evidence-based discussion and offer proposals for market development.
The event will present the study’s conclusions and discuss the following questions:
- What kind of mortgage market do we want to develop over the next 5-10 years, and what are we currently lacking for an effective competitive process?
- Will the solutions implemented so far to improve competition be sufficient, considering the experience of other countries?
- Who is responsible for promoting competition in the financial sector, and how can the approach to promoting competition be strengthened based on global best practices?
The study is implemented within the framework of the European Commission’s Recovery and Resilience Facility funded project No. 5.2.1.1.i.0/1/23/I/CFLA/001 “Strengthening Knowledge and Research Capacity in the Areas of Anti-Money Laundering, Financial Technologies, and Sector Analysis”. The authors are BFC economists and experts Kristīne Dambe, Andrejs Jakobsons, and William Schaub.
Program
| 8:30 Arrival, coffee | |
| 9:00 Opening Remarks
Zane Petre, Head of the European Commission Representation in Latvia |
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| 9:10 Presentation of Research Conclusions
Kristīne Dambe, BFC Founding Director and Economist |
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| 9:40 Panel Discussion: What Should the Mortgage Market Look Like in 2030 and How to Get There?
Arvils Ašeradens, Minister of Finance |
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| 10:40 Summary
Mārtiņš Zemītis, Head of the European Parliament Office in Latvia |
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| 10:45 Coffee and Refreshments |
