TWINO has taken one of the final steps in securing an Investment brokerage license. On August 23, the reorganization of AS TWINO was concluded in the form of separating the investment platform’s assets, thus the current investment platform becoming a separate entity.
The legal enterprise taking over the work of the investment platform is AS TWINO Investments. A part of the property (assets, liabilities, rights, and obligations) has been spun off the parent company AS TWINO to the acquiring company – AS TWINO Investments. After the receipt of the license, AS TWINO Investments will be a licensed company and will be under the supervision of the Financial and Capital Market Commission (FCMC) in Latvia.
As a result of the reorganization, AS TWINO Investments also took over the concluded client User Agreements with their amendments and the Assignment Agreements with their amendments from AS TWINO. These changes do not in any way affect your investment experience on the platform, including the guarantees received, until AS TWINO Investments starts operating under the investment brokerage license.
If you have any questions, please do not hesitate to contact us.