The Latvijas Banka, Latvia’s central bank and financial regulator, has initiated mediation to resolve issues faced by Mitek Industries, a Swedish firm associated with investor Warren Buffett, in opening a bank account. The difficulties concern a Latvian subsidiary of Mitek Industries, established after a spin-off. The central bank’s involvement signals a potentially sensitive situation, given the high profile of the investor linked to the company. Details surrounding the specific reasons for the banking reluctance have not been disclosed. The mediation process aims to facilitate a resolution between Mitek Industries and the unnamed Latvian bank. This intervention highlights Latvia’s commitment to ensuring a transparent and accessible banking system for foreign investment.