AS Magnetiq Bank
Registration number
50103189561
Legal address
Brīvības ielā 54, Rīgā, LV-1011
Country of origin
Latvia
Supervisory authority
Market segments
Market segment
Credit institutions
Other market segments
Licenses / Types of activities
Credit institutions
Banks
Activities of a credit institution
License / Doc. number: 06.01.02.01.340/491
Date: 12.09.2008
Substantial Participation
Name / First name, Last name
Signet Bank AS
Volume of participation
100%
Related parties
Name / First name, Last name
Jakub Więcław
Type of person
Chairman of the Executive Board
Type of infringement
Violations of regulatory requirements regarding the prevention of money laundering and terrorism financing
Date
06.12.2023
Status
In force
Sanctions applied
A fine of 2 016 342 euro
Related article
How to become a market participant
In order to become a participant of Latvian financial and capital markets and commence business activities, a credit institution, an insurance company, a reinsurance company, an insurance broker, a credit union, an investment management company, an investment firm, an operator of regulated market, a pension fund, a payment institution, an electronic money institution, as well as an alternative investment fund manager shall obtain operating authorisation (licence).