` Edgars Pastars | COBALT

Edgars Pastars

Specialist Counsel / Latvia

About

Edgars is Specialist Counsel, ACAMS Certified Anti-Money Laundering Specialist (CAMS) and Certified Global Sanctions Specialist (CGSS), and Head of AML at COBALT Latvia 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.

Practice

CV

Languages

  • Latvian, English, Russian

Membership & education

  • 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)
  • Master’s degree in Law, University of Latvia, Riga, Latvia (2006)
  • Lawyer’s qualification, University of Latvia, Riga, Latvia (2005)