Market

Ltd. "SEMFOPAY"

Registration number
40103306131
Legal address
Mūkusalas iela 31, Rīga, LV-1004
Country of origin
Latvia

Market segments

Market segment
Payment service providers
Other market segments

Licenses / Types of activities

Payment institutions
Authorized payment institutions
Money remittance
Date: 16.03.2021
Payment service providers

Sanctions

Type of infringement
Breaches of AML/CTF law and FCMC regulatory requirements: weaknesses in customer due diligence and transaction monitoring
Date
14.08.2018
Status
In force
Sanctions applied
A fine of 25 000 euro imposed on the payment institution, temporary suspension of the institution's operations, dismissal of members of the Board Guntis Zālītis un Andrejs Gailis
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:
To report on unauthorised firms
Data protection

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