Should Mintos become insolvent or unable to service its clients, the rules applicable to the resolution of an investment firm would apply. Investors’ titles over claim rights and Notes would remain in force irrespective of the status of Mintos. The insolvency procedure would be regulated and supervised by the Financial and Capital Market Commission of Latvia. The appointed liquidator or administrator would take over the functions of the management board. Mintos would continue servicing its investors and relevant financial instruments portfolios in line with what Mintos would be permitted to do according to the applicable insolvency and liquidation rules.
Furthermore, investors’ uninvested funds and investments in Sets of Notes are protected by an investor compensation scheme, which allows retail investors to receive compensation for 90% of the permanent loss resulting from a failure of Mintos to transfer the funds or financial instruments of the investor held by Mintos according to the investor’s instruction, up to a limit of €20 000. Learn more about investor protection
We encourage investors to read the Disclosure of risks before making any investments.