Thought Leadership
Dr. Justinas Jarusevičius
When sanctions freeze the contract: who bears the loss?
22 October 2026
When EU sanctions make it unlawful to perform a contract, someone has to absorb the cost. Over the past year, Lithuanian courts have given a fairly clear answer as to who that is. In an article for the International Bar Association’s Litigation Committee Newsletter, Justinas Jarusevičius examines this line of case law and its implications for businesses dealing with counterparties exposed to sanctions.
Dr. Justinas Jarusevičius
FinTech disputes in Lithuania: regulatory and client risks
16 July 2026
Lithuania is an important EU jurisdiction for Electronic Money Institution (EMI) and Payment Institution (PI) licensing. An EMI or PI license may support access to the European market, but it also brings continuous supervision, AML/KYC duties, safeguarding rules, and consumer protection expectations.
Dr. Justinas Jarusevičius
Is Europe’s fintech regulatory climate stifling innovation?
4 September 2024
The fintech landscape in Europe is at a pivotal juncture, especially in the wake of the Wirecard scandal that rocked the industry in 2020. Lithuania, once a rising star among European fintech hubs, found itself at the center of this controversy, highlighting the complex balance between fostering innovation and ensuring robust regulatory oversight.