Risks to Mintos in case of war?

Marian Myśliwiec

• 11/01/2024 10:18

Hi i have a question:
What threats might there be to the operation of MINTOS in the event of a hypothetical Russian aggression against the Baltic States?
I mean a cyber war or a conventional war.

regards

3

• 

  Lucja (Mintos)

  Community moderator

  • 25/01/2024 12:03

  Hi Marian Myśliwiec,

  Thank you for your question.

  We understand that certain situations are beyond our control, such as natural disasters, conflicts, technological issues, government actions, or major legal changes, that might affect our ability to fulfill the commitments. In such cases of force majeure, neither Mintos nor our investors will be held responsible for not meeting contractual obligations, as described in Mintos Terms and Conditions. We value commitment to our duties and expect that both parties will make every effort to maintain their responsibilities until such unforeseen events occur. Nevertheless, we hope and anticipate a swift continuation of our diligent operations for many years to come.

  Should Mintos face any financial challenges, we assure you that the resolution of our contractual obligations and transactions will adhere to the comprehensive legal framework established by the Republic of Latvia, along with other relevant laws. This framework is in place to guarantee a fair and proper handling of these situations.

  Moreover, Mintos is committed to protecting investor interests through a robust set of policies and guidelines, ensuring the responsible and ethical management of your investments. We also want to emphasize our dedication to data security and operational efficiency by choosing a cloud-based infrastructure for storing data, which reflects our commitment to maintaining the highest standards of data protection and operational flexibility.

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