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21.10.2021

Information for clients!

Information for clients!

Renesource Capital AS IBS (hereinafter - the Company) shareholders on its general meeting that took place on October 15, 2021 decided to reorganize the Company and terminate the Company's activities as a licensed investment service provider in Latvia.

The strategic decision to reorganize the Company and leave the Latvian financial services industry after 23 years of operation, was particularly well thought out and difficult.

In connection with the above, the Company will no longer offer customers opening and maintaining financial instruments accounts. As a result, the Company's current priority is and will remain to provide its existing customers with prompt feedback in the process of termination of the contractual relationship, as well as closing open positions and returning customer assets.

We have been in direct contact with existing customers in connection with the above.
If you are a client of the Company, but have not received information from the Company, please contact your account manager. 

Risk Disclosure Statement. Margin transactions (Forex, contracts for difference CFD, futures and futures options, stock options, REPO transactions, transactions in over-the-counter derivatives and transactions using broker credit, including selling short) involve higher risk. The level of risk increases with the leverage ratio. As the result of margin transactions, relatively high profits are possible with low level of initial investments, as well as significant losses which may exceed the principal amount of investments or the amount of the collateral. Please ascertain whether margin transactions in their essence and content suit the risk profile that was assigned to you by AS IBS Renesource Capital and whether the content of margin transactions corresponds to your investment goals.

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