Market

ABLV Bank AS

Registration number
50003149401
Legal address
Skanstes iela 7 k-1, Rīga, LV-1013
Country of origin
Latvia
Supervisory authority

Registration No. in

the Register of Insurance

and Reinsurance Intermediaries          06.09.02/1627

Pursues insurance mediation on behalf of and in the interests of Insurance merchant and Insurance merchant.

Market segments

Market segment
Credit institutions
Phone
67775222
E-mail
Website
Other market segments

Organization prospectuses

2016

Prospectuses type
Base prospectus
Type of securities
Bond
Nominal value
Galīgajos noteikumos
Date
26.04.2016
Amount
400000000 EUR
Purpose of registration
Securities public offer, On admitance in regulated markets
Prospectuses available

2015

Prospectuses type
Base prospectus
Type of securities
Bond
Nominal value
Galīgajos noteikumos
Currency
Galīgajos noteikumos
Date
05.05.2015
Amount
400000000 EUR
Purpose of registration
Securities public offer, On admitance in regulated markets
Prospectuses available

Substantial Participation

Name / First name, Last name
Cassandra Holding Company, SIA (Latvija), SIA "OF Holding" (Latvija), Ernests Bernis, Oļegs Fiļs, Nika Berne (personas, kas darbojas saskaņoti)
Volume of participation
above 50%

Sanctions

Type of infringement
Violations of the Law on the Prevention of Laundering the Proceeds from Criminal Activity (Money Laundering) and of Terrorist Financing and the FCMC's regulatory requirements: deficiencies in the bank's internal control system – insufficient customer due diligence and monitoring of transactions; and violations of the Credit Institution Law regarding reporting requirements.
Date
26.05.2016
Status
In force
Sanctions applied
A fine of 3 166 682 euro imposed on the bank. Reprimand issued to the board member A. Pāže.
Related article

How to become a market participant

In order to become a participant of Latvian financial and capital markets and commence business activities, a credit institution, an insurance company, a reinsurance company, an insurance broker, a credit union, an investment management company, an investment firm, an operator of regulated market, a pension fund, a payment institution, an electronic money institution, as well as an alternative investment fund manager shall obtain operating authorisation (licence).

Learn more

Contacts


Address:
Kungu iela 1, Riga, LV-1050
Phone:
6 7774800
E-mail:
Previous sign-in to the secretary:
67 774 801
Data protection:

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