AS Magnetiq Bank
Registration number
50103189561
Legal address
Brīvības ielā 54, Rīgā, LV-1011
Country of origin
Latvia
Supervisory authority
Market segments
Market segment
Investment service providers
Phone
37167772999
E-mail
Website
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%
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).