Cross-border activities in the following countries: Portugal, Austria, Slovakia, Slovenia, Bulgaria, Cyprus, Czech Republic, Luxembourg, Netherlands, Sweden, Spain, Poland, Romania, Hungary, Malta, Ireland, Germany, Greece, Italy, France, Lithuania, Estonia, Denmark, Belgium, Croatia.
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).