Annex I to Directive 2013/36/EU that the credit institution intends each core service activity:
1; 2 (01.08.2021); 4(a, b, c, d, e, f, g); 5; 6 (01.08.2021); 7(a, b, c, d, e,-01.08.2021); (8; 9; 10; 11; 12; 13-01.08.2021) and financial instruments (Section A and B of Annex I to Directive 2004/39/EC
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).