Financial Institutions

Practice Areas

Industries

Dispute Resolution

Indisputably the strongest business Dispute Resolution team in Lithuania – and in the Baltics.

Corporate and M&A

Our experienced and business-oriented team makes any transaction easy.

Construction and Real Estate

We manage risks arising from real estate development projects.

Tax

We focus on tax structuring and disputes to ensure fair taxation.

Public Procurement

At each stage of the process, we find the most favorable solutions for our clients.

Competition

Guiding clients through competition-law labyrinths.

Financial Law, Compliance & AML

Result-oriented team offering tailored solutions for financial market leaders and innovators.

Crypto Assets Regulation

Full legal support to help your cryptocurrency business thrive.

Employment

We help businesses ensure smooth relations between employer and employee.

Data Protection

Our team is here to help you navigate the complex landscape of GDPR compliance.

Intellectual Property

Our expertise helps protect your IP portfolio and enforce your IP rights worldwide.

Insolvency Solutions

We help clients make the best decisions to ensure an efficient insolvency process.

Why us?

Experience highlights

Insights

Increasing the maturity of the financial-services sector is the primary strategic goal of the Bank of Lithuania. For this reason, ensuring that fintech companies and other financial institutions comply with all legal requirements during the licensing process and subsequent operations is critical.

Entities wishing to provide financial services in Lithuania must first obtain an activity license from the Bank of Lithuania. We are familiar with the licensing process and advise payment and electronic-money institutions, crowdfunding platform operators, and other financial institutions seeking licenses to operate. We help our clients register on the lists of consumer credit providers and their intermediaries that are maintained by the Bank of Lithuania.
We help clients that are licensed to provide financial services in Lithuania expand their operations internationally and conduct all processes necessary to commence operations in other EU Member States.
In some cases we can help clients make slight adjustments to their business models, thus putting them outside the scope of financial services regulation. We provide practical advice to clients developing service-delivery processes.
The activities of the financial sector are regulated by the Republic of Lithuania, as well as the EU. Knowing all the relevant acts and keeping track of all relevant changes is a major challenge; and one that requires significant resources and time. We help our clients understand the constantly changing legal regime and assist in the implementation of changes as they become necessary, as well as providing advice on compliance issues.
The prevention of money laundering and terrorist financing is a critical part of financial-institution activities. How to comply with sanctions and other restrictive measures, and how to properly perform know-your-client procedures – we answer these and other questions from a practical perspective.
Supervisory authorities regularly conduct both routine and unplanned inspections of financial institutions, which can sometimes result in extremely painful sanctions both to reputation and finances. We help clients answer the questions asked during these inspections, forming their official position, as well as working efficiently to correct any defects identified during inspections.

Denis Parchajev

An arbitration case on the performance of a share purchase option agreement

10 September 2024

Justinas Jarusevičius

Victory in defending clients’ interests from accusations of causing wilful bankruptcy

5 September 2024

Aivaras Grigas

Finbee Verslui raises EUR 35 million from Pollen Street Capital

23 July 2024

Justinas Jarusevičius, Paulius Grendelis

Victory before the Supreme Administrative Court of Lithuania in the annulment of the Bank of Lithuania’s sanction

20 June 2024

Justinas Jarusevičius

Successfully defended clients against the claim for USD 13.7 million in damages

14 June 2024

Justinas Jarusevičius

Victory in a Fintech case concerning unlawful detention of funds

6 June 2024

Justinas Jarusevičius, Paulius Grendelis

Victory at the Court of Justice of the EU setting a significant precedent for financial institutions

22 February 2024

Mantas Juozaitis

Advised on tax matters related to business restructuring

7 February 2024

Samanta Blėdienė

Conducted AML compliance review for consumer credit provider

20 November 2023

Sigita Zavišienė, Samanta Blėdienė

Consulted the management company on international sanctions implementation and AML compliance matters

27 October 2023

Sigita Zavišienė, Samanta Blėdienė

Consulted the licensed management company on AML compliance matters

23 August 2023

Samanta Blėdienė

Consulted the financial brokerage firm on AML compliance matters

18 August 2023

Raminta Girtavičiūtė

Consulted Probanx Solutions on complex IT issues

29 June 2023

Darius Amšiejus, Rokas Jankus

Represented the Netherlands-based investment group on the sale of shares of an e-money institution

8 June 2023

Raminta Girtavičiūtė

Advised Eika Asset Management on GDPR compliance

31 May 2023

Justinas Jarusevičius

Successfully represented clients in a dispute over shares of a fintech company

3 February 2023

Justinas Jarusevičius

Successfully represented fintech company in 2 million EUR damage litigation

27 January 2023

Samanta Blėdienė, Sigita Zavišienė

Conducted the external AML audit for e-money institution Elektroninių Pinigų Bitė

27 January 2023

Raminta Girtavičiūtė

Helped Orion Leasing with data protection issues

15 December 2022

Raminta Girtavičiūtė

Represented the client before the State Labour Disputes Commission

11 October 2022

Justinas Jarusevičius

Is Europe’s fintech regulatory climate stifling innovation?

4 September 2024

Justinas Jarusevičius, Paulius Grendelis

Losing everything and winning: BrucBond wins against the Bank of Lithuania

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Financial Institutions

Dispute Resolution

Corporate and M&A

Construction and Real Estate

Tax

Public Procurement

Competition

Financial Law, Compliance & AML

Crypto Assets Regulation

Employment

Data Protection

Intellectual Property

Insolvency Solutions

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