Directive 2013/36/EU
1; 2; 4(a,b,c,d,e)
Payment services
1; 2; 3; 4; 5; 7; 8;
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).