Kalvis Bambals

With over a decade of dedicated experience as a legal professional, Kalvis has honed his expertise in banking, insurance and investment management sectors. He possesses extensive in-house experience in these areas, providing a deep understanding of their needs and unique legal challenges. Kalvis is adept at structuring and aligning complex financial products, supporting the launch of cutting-edge fintech solutions, drafting and negotiating legal contracts for unique partnerships, developing and implementing regulatory compliance programs, and working closely with supervisory authorities to ensure adherence to financial regulations.

His comprehensive sector knowledge and strategic approach ensure that clients receive practical and effective legal guidance, tailored to their specific needs.

As a trainer for KPMG Law and in collaboration with the International Compliance Association, Kalvis provides expert training in regulatory compliance, financial crime prevention, and anti-money laundering, thus further enhancing the compliance capabilities of financial institutions.

Field of expertise

Financial sector
Compliance
Anti-money laundering

Work experience

2024–present — Senior Associate, KPMG Law
2021–2024 — Head of Compliance, AS Bigbank Latvian branch
2000–2021 — Head of AML Department, Senior Counsel, Aquarium Investments
2017–2019 — Senior Legal Counsel, Dukascopy Bank SA
2014–2015 — Lawyer, Compensa Vienna Insurance Group Latvian branch

Languages

Latvian, English, Polish, Russian

Executive MBA, Stockholm School of Economics in Riga (ongoing)
Master of Social Sciences in European and International Law (LL.M), Riga Graduate School of Law
Bachelor of Social Sciences in Law and Business (LL.B), Riga Graduate School of Law
Board Member Certificate, Baltic Institute of Corporate Governance (2022)
Advanced CAMS – Risk Management, ACAMS

Baltic Institute of Corporate Governance
Global Association of Risk Professionals
Association of Certified Anti-Money Laundering Specialists