LV

Market

Em@ney plc

Legal address
Regent House, Suite 45, Triq Bisazza, Sliema, Malta SLM 1640
Country of origin
Malta
Supervisory authority

Market segments

Market segment
Payment service providers
Other market segments

Licenses / Types of activities

Electronic money institutions
Freedom to provide services
Payment service providers
Service providers from the EEA
Services enabling cash to be placed on a payment account as well as all the operations required for operating a payment account
Date: 20.09.2016
Services enabling cash withdrawals from a payment account as well as all the operations required for operating a payment account
Date: 20.09.2016
Execution of payment transactions, including transfers of funds on a payment account with the user`s payment provider or with another payment service provider
Date: 20.09.2016
execution of direct debits, including one-off direct debits
execution of payment transactions through a payment card or a similar device
execution of credit transfers, including standing orders
Execution of payment transactions where the funds are covered by a credit line for a payment service user
Date: 20.09.2016
execution of direct debits, including one-off direct debits
execution of payment transactions through a payment card or a similar device
execution of credit transfers, including standing orders
Issuing of payment instruments
Date: 20.09.2016
Acquiring of payment instruments
Date: 20.09.2016
Issuing electronic money
Date: 20.09.2016
Distribution and/or Redemption of electronic money
Date: 20.09.2016
Money remittance
Date: 20.09.2016

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).

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