CONFERENCEThe Financial Services and Compliance Laboratory (FSC Lab) is a laboratory of the BA School of Business and Finance of the University of Latvia (until 31 August 2025 – the School of Business and Finance). It was established by a decision of the Senate on 31 May 2016 to conduct research, develop platforms for social dialogue, and provide tailored professional development activities on current topics in the financial services sector, including compliance risks and control systems.
The main activities of the laboratory include:
- conducting research in the fields of financial services development and compliance (both for academic purposes and commissioned by public and private sector organizations);
- involving students in research and developing their research skills;
- contributing to the implementation and development of study programmes;
- designing and delivering continuing education and professional development courses;
- providing consultations and fostering discussion at both national and international levels on financial sector and compliance-related issues.
Key projects
- COVID-19 ietekme uz ilgtspējīga patēriņa uzvedību un aprites ekonomiku
- Dizaina sociāli ekonomiskās ietekmes identifikācijas sistēma zināšanu intensīvas ekonomikas transformācijai Latvijā (LZP FLPP projekts, 2021, Banku augstskola – vadošais partneris, projekta vadītāja – prof. Inese Mavļutova)
- Latvijas finanšu pratības stratēģija 2021–2027 – stratēģijas analītiskās daļas sagatavošana (pasūtītājs: FKTK, 2020–2021, projekta vadītājs – Andris Nātriņš)
- u.c.
Publications
Researchers of the laboratory regularly publish in internationally recognized scientific journals indexed in Scopus and Web of Science, including journals in Q1 and Q2 quartiles. Among the most notable publications are:
- Mavlutova, I., Fomins, A., Spilbergs, A., Atstaja, D., Brizga, J. (2022). Opportunities to increase financial well-being by investing in environmental, social and governance with respect to improving financial literacy under COVID-19: The case of Latvia. Sustainability, 14(1), 339.
- Mavlutova, I., Volkova, T., Natrins, A., Spilbergs, A., Arefjevs, I., Miahkykh, I. (2021). Financial sector transformation in the era of digitalization. Studies of Applied Economics, 38(4).
- Mavlutova, I., Lesinskis, K., Liogys, M., Hermanis, J. (2020). Innovative teaching techniques for entrepreneurship education in the era of digitalisation. WSEAS Transactions on Environment and Development, 16(1), 725–733.
Mavlutova, I., Spilbergs, A., Verdenhofs, A., Natrins, A., Arefjevs, I., Volkova, T. (2023). Digital transformation as a driver of the financial sector sustainable development: An impact on financial inclusion and operational efficiency. Sustainability, 15(1), 207.