LV

Market

Wave Crest Holdings Limited

Legal address
World Trade Center 6 Bayside road 1st Floor Unit 1 02 GX11 1AA Gibraltar
Country of origin
Gibraltar
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: 13.03.2012
Services enabling cash withdrawals from a payment account as well as all the operations required for operating a payment account
Date: 13.03.2012
Execution of payment transactions where the funds are covered by a credit line for a payment service user
Date: 13.03.2012
execution of payment transactions through a payment card or a similar device
Issuing of payment instruments
Date: 13.03.2012
Acquiring of payment instruments
Date: 13.03.2012
Issuing electronic money
Date: 13.03.2012
Distribution and/or Redemption of electronic money
Date: 13.03.2012
Money remittance
Date: 13.03.2012

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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