The Guidelines for the Crowdfunding and Peer-to-Peer (P2P) Lending industry in Latvia is developed by the Alternative Financial Services Association of Latvia. Guidelines compile basic principles that have been developed by the Association as recommendations to its members and other crowdfunding and peer-to-peer lending (P2P) market participants. TWINO is the first industry player which has undertaken to follow the Guidelines developed by the Association.
Protecting platform investors' funds
Company corporate management
Information availability and Communication to customers
Ethics and reputation practices
Measures to avoid conflict of interest
Data protection & anti-money laundering (AML) principles and more