The FCMC and the EBRD discuss cooperation initiatives

  • Section:

The Financial and Capital Market Commission (FCMC), together with the European Bank for Reconstruction and Development (EBRD) and Ministry of Finance of Republic of Latvia, 29.01.2021, discussed some of the ongoing capital market initiatives implemented jointly by local and regional authorities with the EBRD:

  • Pan-Baltic single index classification – to facilitate the integration of the Baltic capital markets as a joint marketplace into the FTSE Russell and MSCI universe and better address international investors’ interest for the region;
  • SOE Policy Review with the CSCC representatives – to empower decision making processes of local authorities with respect to identifying the most suitable capital structure of SOE(s) while leveraging on the local debt and / or equity capital markets;
  • Regional capital markets development accelerator fund (SME IPO Fund) – to enhance access to finance for SMEs while contributing to the regional capital market development.

The meeting also highlighted the possibilities for closer cooperation between the institutions which is highly in line with the implementation of the 10-step programme for the development of Latvia’s capital market which was presented in the Financial and Capital Market Commission Forum held on January 2021.


Kungu iela 1, Riga, LV-1050
6 7774800
To report on unauthorised firms
Data protection

Follow the news