COBALT advised SIA C Capital Markets obtaining an investment firm licence, issued by the Supervision Committee of Latvijas Banka on 22 July, 2026.
The licence authorises SIA C Capital Markets to provide investment services, specifically the placing of financial instruments without a firm commitment basis, along with ancillary services related to the initial allocation of financial instruments. The company received its licence less than a month after submitting the formal application, following close collaboration with Latvijas Banka during the pre-licensing stage. C Capital Markets a subsidiary of AS Citadele banka.
COBALT advised C Capital Markets throughout the process on key regulatory issues working closely with SIA C Capital Markets inhouse team.
“With only twelve licensed investment firms in Latvia, advising C Capital Markets on this mandate reflects the regulatory expertise our team has built in licensing and supervisory matters in Latvia. We’re grateful for the trust C Capital Markets placed in us throughout this process,” said Edgars Pastars, Partner, Head of Financial Regulatory & Compliance and Public Affairs at COBALT.
COBALT project team was led by Partner Edgars Pastars and included Senior Associate Alise Artamonova and Associate Krists Kariņš.
COBALT Latvia Banking & Finance team consists of 10 specialized lawyers, and is ranked Band 1 by Chambers Europe 2026 and Tier 1 by Legal 500 2026. The team has unique experience covering both traditional and fintech banking and finance matters, capital markets, and regulatory and compliance work.
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