Insight

COVID-19. Subsidies to be paid to employers as support during the quarantine

If you’re an employer who had to declare idle time due to the coronavirus crisis, you can get...

Commercial agent’s right to compensation and damages

15/04/2020 In Article 2.167 of the Civil Code of the Republic of Lithuania (hereinafter –...

Remote customer identification – how to be compliant with GDPR?

1/04/2020 Financial institutions and other obliged entities that are using remote customer identification methods must...

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...

GDPR fines. What can we learn from mistakes? March 2020

18/03/2020 1&1 TELECOM Imposed fine. German supervisory authority (The Federal Commissioner for Data Protection and...

Lithuanian Fintech Landscape: Trends and Developments

09/03/2020 Fintech in Lithuania is a rapidly developing field on the intersection of traditional finance...

EU Commission published White paper on AI regulation

24/02/2020 On 19 February 2020, the European Commission has unveiled it’s plans on  the EU’s...

Lithuanian FinTech’s get access to TARGET2 allowing international Euro payments

14/02/2020 From February 2020 the Bank of Lithuania (Central Bank) has extended the capabilities of...

Initiatives in Artificial Intelligence regulation in the EU

30/01/2020 Policy-makers across the world are looking at ways to tackle the risks associated with...

Is blockchain technology GDPR compliant?

In recent years we are facing with two new issues – blockchain technology and General...

Changes related to employment relationships: what will the 2020 bring?

10/01/2019 Since 1 January 2020 significant changes have entered into force regarding the regulation of labor...

Amendments to the Convention 108+: European standards for personal data protection will be applied in third countries

13/12/2019 In November 7, 2019, the Parliament of the Republic of Lithuania ratified the Protocol...