Investment regulation - Latvia

22.11.2010

Holding restrictions

The Government has powers to limit non-resident participation in key industries.

With regard to voting rights in Latvian companies, when the holding or proportion of the voting rights reaches, exceeds or falls below the 5%, 10%, 15%, 20% 25%, 30%, 50%, 75%, 90% or 95% threshold of voting rights, the underlying beneficial owner is obliged to notify both the issuer and the Financial and Capital Markets Commission (FKTK).

Disclosure requirements

For details of the local domestic disclosure requirements, please refer to the Disclosure Requirements.