Insight

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:...

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...

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...

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....

CJEU: Internet users must explicitly agree to the installation of cookies

03/10/2019 The Court of Justice of the European Union (CJEU) ruled on that the consent...

Foreigners setting up start-ups in Lithuania will receive start-up visas twice as fast as now

21/06/2019 As of 1 July 2019, the process of start-ups visa (“Startup visa”)  issuance for...

The first significant fine was imposed for non compliance with the GDPR

17/05/2019 After less than 1 year from the General Data Protection Regulation (hereinafter – GDPR)...

Starting from March 2019 the employment of citizens from third countries will be much easier

22/02/2019 From the 1st of March 2019 the procedures of foreigners arriving to Lithuania for...

Lithuania proactively implements anti-money laundering measures for financial institutions

18/02/2019 Lithuania‘s efforts and attention to money laundering and measures to combat such illicit activities...