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