REGULATORY

Banking & Finance

Information about the banking supervisory authority in Latvia:
https://www.ecb.europa.eu/ecb/html/index.lv.html

AZANDA & ASSOCIATES assists and consults in relation to the requirements for establishment and incorporation of banking and finance entities. We elaborate on all the incorporation documents, as well as the procedures required for operation of a licensed entity. AZANDA & ASSOCIATES helps with drafting of template agreements required for operation of a licensed entity and its interaction with corporate and consumer clients.

We assist in cases of bank reorganization, restructuring or insolvency situations.

We provide regulatory and compliance related advice to licensed financial entities, as well as consult with respect to interaction and requirements of the Finance and Capital Market Commission.

We assist with notifications regarding obtaining decisive influence or qualified shareholding to the Finance and Capital Market Commission.

We issue legal opinions required by licensed financial entities before undertaking certain actions or transactions.

We consult banks and clients in alleged money laundering cases.

AZANDA & ASSOCIATES consults with regards to establishment of payment institutions and e-money institutions, as well as all the required procedures, registration with the Finance and Capital Market Commission and fulfillment of the regulatory requirements.

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