On Compliance of Para 2.11. of the Regulation of 20 December 2018 of the Financial and Capital Market Commission No. 198 “Regulation on Determining the Amount of Payments by the Financial and Capital Market Participants for Financing the Financial and Capital Market Commission in 2019 and for Submitting Reports” with the First Sentence of Article 91 of the Satversme of the Republic of Latvia
Years
2019
Stages of the proceedings
Adjudicated
Outcome of the proceedings
Judgement
Type of the proceedings
Written procedure
Applicant
Person
Applicant: AS “PNB Banka”
Date of the judgment: 20.02.2020.
Official publication: 24.02.2020.

On Compliance of Para 2.11. of the Regulation of 20 December 2018 of the Financial and Capital Market Commission No. 198 “Regulation on Determining the Amount of Payments by the Financial and Capital Market Participants for Financing the Financial and Capital Market Commission in 2019 and for Submitting Reports” with the First Sentence of Article 91 of the Satversme of the Republic of Latvia

Case short name: Funding of the activities of the Financial and capital market commission

The Constitutional Court held:

to recognise Para 2.11. of the Regulation of 20 December 2018 of the Financial and Capital Market Commission No. 198 “Regulation on Determining the Amount of Payments by the Financial and Capital Market Participants for Financing the Financial and Capital Market Commission in 2019 and for Submitting Reports” as being compatible with the first sentence of Article 91 of the Satversme of the Republic of Latvia.


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