Insight

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...

Knowledge sharing morning: “GDPR: what to learn from mistakes?”

09/12/2019 Full house for two times – people attended ECOVIS ProventusLaw knowledge sharing events “GDPR:...

The Supreme Court of Lithuania ruled on reimbursement to the employer of overcompensation for unused annual leave

05/12/2019 The Supreme Court of Lithuania (SCL) has clarified when overcompensation for unused annual leave...

Requirements for safeguarding of customer funds in Fintech companies: is there any upcoming changes?

05/12/2019 Proper is the principal aspect of stable and reliable operation of the electronic money...

Option – an effective way to encourage the employee

28/11/2019 Nowadays, vast majority of the employers are facing the problem of retaining professional employees....

How do companies manage to reduce the amount of personal data?

22/11/2019 State Data Protection Inspectorate published a summary of inspections of rental companies and evaluated...

Bank of Lithuania provided recommendations on raising capital through STOs

04/11/2019 The Bank of Lithuania has issued the Guidelines on Security Token Offering (STO) which...

Before the BREXIT deal Revolut jumps into European insurance business with Lithuanian Insurance Broker licence

28/10/2019 The Bank of Lithuania included Revolut Payments UAB into the list of Insurance Brokers....

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