Expert advice

Representatives of the FinTech field or those who have intended to start providing a new financial innovative service may receive free FCMC expert advice by phone, via email or arrange a meeting at the FCMC premises (Kungu iela 1, Riga).

The innovation support team includes the FCMC’s experts specialised in the management of different financial legal provisions and their interpretation in relation to innovative financial services. Where necessary, these experts contact with relevant institutions to arrive at mutually acceptable solutions in joint discussions.

What advice does the FCMC offer?

• Answer questions as to whether the planned business idea would be subject to any regulatory requirements for the financial sector
• Explain the regulatory requirements for the financial sector and our policies in applying and meeting these requirements
• Draw attention to potential challenges that the authors of the business plan should address in the course of further development
• Provide expert advice on the FCMC’s approach to monitoring the implementation of innovative solutions for the provision of regulated financial service

Apply for consultation