Frequently asked questions

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What is GDPR?

GDPR, which stands for General Data Protection Regulation, is a comprehensive regulation that governs the protection of personal data and the free movement of such data. The regulation is officially known as "Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC". 

One of the main purposes of GDPR is to safeguard the rights of individuals in the EU and EEA with respect to their personal data. It sets forth requirements for institutions and companies when handling and processing personal data, including the rights of individuals and the procedures for data storage and processing. Additionally, GDPR addresses the transfer of personal data outside the EU and EEA.

Since its enforcement on 25 May 2018, GDPR is directly applicable to all EU and EEA countries. It imposes obligations on companies and organizations that process personal data of individuals within the EU and EEA, as well as those outside of it. GDPR applies to various types of personal data, which encompass any information that can be used to identify an individual.

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A licensed European investment platform.

Investing in financial instruments involves risk. Keep in mind that there's no absolute guarantee of getting back the full invested amount.

SIA Nectaro (registration nr. 40203016025; legal address: Jeruzalemes 1, Riga, LV-1010, Latvia) is an authorized investment platform with an IBF license Nr. 27-55/2023/3 supervised by Latvijas Banka (address: K. Valdemara 2A, Riga, LV-1050, Latvia)

Nectaro is a member of the national investor compensation scheme established under EU Directive 97/9/EC. The scheme protects investors by providing compensation if Nectaro fails to return financial instruments or cash to investors. The maximum compensation an investor can claim under the scheme is 90% of their net loss, up to a maximum of €20 000.

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