Licence number
50003050931
Authorised since
28 Apr 2012
EEA passports
0
Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- DomesticTier D
- Scope
- SpecialistTier C
- Tenure
- EstablishedTier A
No EEA passporting on record.
Authorised for 2 payment-services activities.
Authorised 14 years ago.
About this institution
Verified active. Latvijas Mobilais Telefons SIA, trading as lmt, holds a Latvian Small EMI licence. The licence authorises issuance of electronic money and safeguarding of customer funds.
No passporting to other EEA states is recorded in the register, so the licence applies only within Latvia.
Licence granted on 28 April 2012. The register lists the Latvian Financial and Capital Market Commission licence reference 50003050931 as active, as recorded in the last cross-check.
Licence timeline
3 dated eventsDated events for lmt, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Latvian Financial and Capital Market Commission register
Automated daily verification of licence status and reference.
First verified and added to this directory
Small EMI registration granted by the Latvian Financial and Capital Market Commission
Position in the Latvia register
Latvia EMIs
21
Active
21
Full / small licences
12 / 9
Licence age rank
6/21
lmt is one of 21 e-money institutions on the Latvia register, 21 of which are currently active. Its licence is the 6th oldest of the 21 dated Latvia EMI authorisations, one of 2 granted in 2012. As a small-EMI registration it operates domestically only - 9 of the 21 Latvia entries use this lighter regime.
Is your money safe with lmt?
lmt holds a small-EMI registration from Latvian Financial and Capital Market Commission, which means client money must be safeguarded: held separately from the firm's own funds at a credit institution, or covered by an equivalent insurance policy. E-money is not a bank deposit - it is not covered by a national deposit guarantee scheme, so there is no automatic compensation payout if the firm fails.
If an authorised EMI becomes insolvent, safeguarded funds sit outside the insolvency estate and are returned to customers by the administrator - repayment can take time, and administration costs may be deducted along the way. Small-EMI regimes are national and domestic-only; the exact safeguarding arrangements are worth confirming with the firm and its regulator.
Authorised activities (PSD2 / EMD2)
Payment-services activities lmt is permitted to carry out under its licence, as recorded in the register.
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
Frequently asked questions
- Is lmt a licensed e-money institution?
- Yes. lmt holds Small EMI authorisation from Latvian Financial and Capital Market Commission in Latvia, licence reference 50003050931. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates lmt?
- lmt is authorised and supervised by Latvian Financial and Capital Market Commission in Latvia. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is lmt's licence or FRN number?
- lmt's licence reference number is 50003050931. Enter it on the EBA EUCLID register at euclid.eba.europa.eu to confirm the institution's identity and that its authorisation is in force.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in Latvia
Registered office
- Street
- Ropažu iela 6
- City
- Rīga, LV-1039
Ratings & reader notes
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