TGS Baltic has advised Myriad Capital on obtaining a category B financial brokerage company license from the Bank of Lithuania.
According to the firm, the license will "allow the company to trade securities on behalf of clients, provide securities' accounting, and custody services."
"Prior to this, Myriad Capital has had a category C license to engage in the distribution, acceptance, and transfer of financial instruments, portfolio management, and other investment services," TGS Baltic informed.
Myriad Capital is a Vilnius-headquartered financial broker licensed by the Bank of Lithuania. The company provides an online platform for investment, stock, and currency exchange trading.
The TGS Baltic team included Partner Agnius Pilipavicius, Senior Associate Karolina Lapinskaite, Associate Elvinas Kizys, and Junior Associate Kotryna Visockyte.