All results 5
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Newcomer: Retail Investment
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| Our brokerage firm wants to provide investment services related to binary options, CFDs (contract for difference) and Forex products. What will the Bank of Lithuania focus on when carrying out authorisation and supervision procedures? | |
| If a brokerage firm (category C) does not intend to safe-keep client funds, the initial capital requirement for such a firm is no less than EUR 50,000. Is the firm expected to hold additional funds? | |
| Are persons providing financial services to clients required to each get a brokerage licence or is the manager’s brokerage licence (i.e. a single financial broker’s license) enough? | |
| Can a corporate entity (from the financial sector) be part of the management board? | |
| What is the mandatory composition of the management of a financial brokerage firm? |
Last update: 09-06-2023