In accordance with Annex I of Directive 2013/36/EU the credit instution performs the following actions: 1; 2; 3; 4 (c, d, e, f); 6; 7 (a,b,c,d,e).
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).