AML & CTF

EBA Revises Guidelines on Money Laundering and Terrorist Financing Risk Factors

European Banking Authority (EBA) published its final revised Guidelines on money laundering and terrorist financing...

Trends and developments of trade-based money laundering

Earlier this month, FATF-Egmont group has published a report which aims to help public and...

Wolfsberg Group on Source of Wealth and Source of Funds

The Wolfsberg Group has recently published a new guidance on how financial institutions (FIs) can...

Moneyval‘s findings on money laundering and terrorism financing during COVID-19

The Council of Europe’s Moneyval Committee has issued a new report on latest money laundering...

SWIFT revealed how cyber criminals encash stolen funds

SWIFT and BAE Systems Applied Intelligence have published a new report describing the complex web...

Lithuania is ranked as one of the least vulnerable countries to ML/TF worldwide

On 23 July, 2020 Basel Institute on Governance released its 9th public edition of risk...

Updated list of suspicious monetary operations or transactions

The Financial Crime Investigation Service expanded the list of suspicious monetary operations or transactions by...

Risk assessment of money laundering and terrorist financing

Financial institutions and other financial market participants must continuously identify, assess and manage risks of...

COVID-19-related money laundering and terrorist financing risks and policy responses by FATF

22/05/2020 The COVID-19 pandemic has led to unprecedented global challenges, human suffering and economic disruption....

ECOVIS ProventusLaw – among leading law firms shows Legal500 rankings

22/04/2020 One of the largest international legal directory “Legal500” published the newest law firms world...

COVID-19. Board of Bank of Lithuania continues its work remotely

01/04/2020 Following the announcement of quarantine in the territory of the Republic of Lithuania, the...

COVID-19. Recommendations for FinTech market participants

31/02/2020 The coronavirus pandemic poses real threats to the Lithuanian and global economies. The European...