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December
Guaranteed compensation payments to Baltic International Bank SE depositors will be started on 22 December
The Financial and Capital Market Commission (the FCMC) has made a decision on the procedure for the guaranteed compensation payments to the deposi ...
On the financial market supervisory authority as of 1 January 2023
Starting from 2023, the supervision of the financial market and its participants in Latvia will be carried out by Latvijas Banka, as provided for ...
The FCMC has taken a decision on the unavailability of deposits at Baltic International Bank SE
The Board of the Financial and Capital Market Commission (FCMC) today, 13 December, took a decision on the unavailability of deposits at Baltic In ...
FCMC decides to suspend the provision of financial services by Baltic International Bank SE
To ensure the stability of Latvia’s financial sector and protecting the interests of bank’s customers and creditors, the Board of the Financial an ...
November
FCMC authorises the reorganisation of AS PrivatBank, the business of the commercial company will no longer be linked to the provision of credit institution services
On 25 November 2022, the Board of the Financial and Capital Market Commission (FCMC) adopted a decision to authorise the reorganisation of AS Priv ...
October
Supervisors of the Baltic securities market meet in Riga
The meeting of the supervisors of the Baltic securities market organised by the Financial and Capital Market Commission (FCMC) took place on 21 Oc ...
Recommendations for the processing of personal data developed for financial institutions
The Financial and Capital Market Commission (FCMC), in cooperation with the Data State Inspectorate (DSI) and the Finance Latvia Association (FLA) ...
September
The customers of ABLV Bank AS in liquidation who have not yet applied for the guaranteed compensation can do it by 23 February 2023
The Financial and Capital Market Commission (FCMC) would like to inform the above customers that pursuant to Section 3, Paragraph four of the Depo ...
August
Annual report on sanctioning activities in the Single Supervisory Mechanism
European Central Bank (ECB) has published report on comprehensive statistics on sanctioning activities in relation to breaches of prudential requi ...
First FinTech forum in Latvia to take place in mid-September
On 13 September of this year, Riga will host Latvia's FinTech forum bringing together representatives of FinTech companies, industry experts and o ...