We are glad to announce that in cooperation with the Financial and Capital Market Commission (FCMC) VIAINVEST has become a licensed participant of a regulated financial and capital market by obtaining an investment brokerage firm (IBF) licence. From now on we will operate under the supervision of FCMC.

The license authorizes VIAINVEST to provide the following investment services:

– Acceptance and transmission of orders in respect of one or more financial instruments;
– Execution of orders on behalf of clients;
– Placement of financial instruments without commitment to redeem financial instruments.

And following ancillary services:

– Holding of financial instruments;
– Initial placement of financial instruments;
– Exchanging foreign currencies for the purpose of providing investment services.

“The licensing process has been successfully completed! We are beyond excited to finally be regulated and operate under the supervision of FCMC. We thank the FCMC for its professionalism and result-oriented cooperation in the process of obtaining a license. Securing equal terms for all the participants of the market will significantly decrease potential risks of dishonest business practices, and will also diminish industry reputation risks, thus restoring investor confidence. I believe that Latvia sets a good example by encouraging investment platforms to get regulated, as industry’s reputation has always been important for the growth of such business,” explains Eduards Lapkovskis, Member of the Board of VIAINVEST.

More information about VIAINVEST can be found on www.viainvest.com