Financial and capital market Commission, the provisions of regulations No 305 in Riga in 2011 on 9 December (pr. No 56 7. p.)
Amendment of licences "credit institutions and credit unions for the activity of issuing individual credit institutions and credit unions regulatory authorisation transaction, document harmonization and reporting regulations provisions" Issued in accordance with article 8 of the law of credit institutions in the first part, 12. ² and ³ article 12, article 13, fourth subparagraph, article 57 1 and third and credit unions Act 9 and article 11 to make financial and capital market Commission rules, regulations No 25.09.2009.. 112 "license credit institutions and credit unions for the activity of issuing the individual credit institutions and credit unions regulatory authorisation transaction, document harmonization and regulatory arrangements for the provision of information "the following amendments: 1. Add to paragraph 1, after the word" foreign "by the words" and national ".
2. Express 2.1. paragraph by the following: "2.1. the financial and capital market Commission (hereinafter the Commission) issued a license (permission) to credit institutions and credit unions to the transaction (hereinafter licence) be registered in the Republic of Latvia, the foreign banks branches of credit institutions and cooperative credit unions (hereinafter credit unions);".
3. Add to paragraph 2.5.2., after the word "foreign" by the words "and national".
4. Make the following paragraph 6.6.2.: "6.6.2. documents proving financial stability: corporates-the Republic of Latvia State Revenue Service (hereafter – MEDIA) not older than three months issued a statement that the company does not have a tax debt, and the last two years audited annual report with a copy of the mark on the ENVIRONMENT; foreign commercial companies – in the last two years audited annual report; natural persons-residents-ENVIRONMENT certified: the annual income declaration, non-residents-copy of the relevant tax authorities certified tax (income) a copy of the Declaration, as well as other financial stability supporting documents and all documents showing that the funds (capital); ".
5. Express 18.2 points as follows: "18.2 where a credit institution is permitted to perform such operations or is definitely the financial conditions of the provision of services, which were not specified in the licence."
6. Make the following point 19: "19. With a view to re-registering a licence in the case of a change of name, the credit institution or credit union shall submit a certified copy of the registration certificate".
7. the title of chapter XI be expressed by the following: "foreign and national XI. offices in the CIS".
8. Add to paragraph 33 and 34 after the word "foreign" by the word "or".
9. Put the following to paragraph 46: "46. a credit institution, a credit institution or branch of a foreign credit unions application for issue of the licence shall be examined by the Commission and a decision on the issuing or the refusal to adopt, within three months after all the necessary requirements of the laws under the prepared and presented for the receipt of documents, but not later than 12 months from the date of receipt of the application for the licence."
10. Express 8 and 10 in the new annex (annex).
Financial and capital market Commission Vice Chairman j. Brazovsk the annex 8 financial and capital market Commission 25.09.2009. regulatory arrangements no 112 notice of foreign credit institution or Member State representations of annex 10 open financial and capital market Commission 25.09.2009. regulatory arrangements no 112 credit affiliate, subsidiary and another list of credit institutions the number of branches in the Republic of Latvia of the other structural units of Credit (settlement group, customer service center URu.tml.) branches of the credit institution in Latvia, the number of foreign credit institutions in the Member States, the number of branches of the credit institution, the number of missions abroad, the number of the credit institution's representations in the Member States
Member States in which the credit institution provides financial services, without opening the branch, the Chairman of the Management Board of the credit institution number (signature) (name)