Financial and Capital Market Commission (FCMC)
The Financial and Capital Market Commission (www.fktk.lv) is an autonomous public institution, which carries out the supervision of Latvian banks, credit unions, insurance companies and insurance brokerage companies, participants of financial instruments market, as well as private pension funds, payment institutions and electronic money institutions.
The Financial and Capital Market Commission ensures enhancing stability, competitiveness and development of the financial and capital markets as well as protection of the interests of investors, depositors and insured persons.
Amenda Markets AS IBS is licensed and regulated by the Financial and Capital Market Commission of Latvia under the license number: 06.06.11.506/420
Amenda Markets AS IBS holds a cross-border license, authorizing the provision of investment and ancillary services. We ensure that we comply with EU and local regulations such as the European Markets in Financial Instruments Directive (MiFID) and Law on the Financial Instruments Market of Latvia.
Amenda Markets AS IBS is registered for provision of investment services (reception and transmission of orders, execution of orders on behalf of clients) and ancillary (non-core) investment services (holding of financial instruments and currency exchange services where these are related to the provision of investment services) in the following member states of European Union (EU) and European Economic Area (EEA):
Baltic Financial Advisors Association (BFAA)
Baltic Financial Advisors Association (BFAA) （www.bfaa.lv）is a non-profit organization established by the Latvian, Lithuanian and Estonian Banking Associations and as members have leading financial institutions in Baltics. The BFAA certification process has been created in close partnership with the Chartered Institute for Securities & Investment (CISI) in the UK.
What it means to be certified by BFAA
Being certified means that the provision investment services will be provided by the firm’s employees whose knowledge and ethics have been proven to be up to the high standards embodied in EU MiFID II (Markets in Financial Instruments Directive) and CISI.
What the advantages are for individual investors
Employees are required to maintain high integrity and ethics as well as to involve themselves in continuous education which makes Amenda's services much more trustable as well as being up to date with the latest trends in financial markets.