Annex I to Directive 2013/36/EU that the credit institution intends to carry out services activity:
2; 3; 4d; 6; (starting date 09.08.2021)
Article 16(3) of Directive 2007/64/EC 4g (a,b,c,) include the granting of credits
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).