Published: 11.01.2022

Latvijas Banka starts publishing the List of Financial Vehicle Corporations. The List is updated on a regular basis as a quarter-end snapshot and is published by the close of business on the seventh working day of the month that follows the end of the relevant quarter.

Article 3(1) of Regulation (EU) No 1075/2013 of the European Central Bank of 18 October 2013 concerning statistics on the assets and liabilities of financial vehicle corporations engaged in securitisation transactions (recast) (ECB/2013/40) requires that a list of financial vehicle corporations be established and maintained for statistical purposes.

Article 3(2) of the Regulation envisages that an FVC shall inform the relevant national central bank of its existence within one week from the date on which the FVC has taken up business. The definitions of a 'financial vehicle corporation' and 'securitisation' are also contained in the Regulation.

Hence every company which is resident in Latvia and whose activities are those of a financial vehicle corporation as defined by the above Regulation has an obligation to notify Latvijas Banka (e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.) of its existence.