News

Lithuania Strengthens Cybersecurity with New Law Aligned to EU Standards

The updated Law on Cybersecurity (the “Cybersecurity Law”) entered into force on 18 October 2024...

The Bank of Lithuania Adopts EBA Guidelines on Historical Data Resubmission

The Bank of Lithuania will follow the European Banking Authority’s (EBA) Guidelines on the Resubmission...

Enhancing Transparency: Key Changes to Debt Management Under the Amended Consumer Rights Law

Starting November 1, an important amendment to Article 40 of the Law on the Protection...

Bank of Lithuania Urges EMIs to Strengthen AML and Fraud Prevention Measures

The Bank of Lithuania (BoL) has issued a comprehensive analysis of money laundering and terrorist...

CJEU Clarifies Limits of “Legitimate Interest” Under GDPR for Commercial Data Processing

The Court of Justice of the European Union (CJEU) addressed how organisations can rely on...

FCIS Issues Updated Guidelines for Lithuanian Entities on International Sanctions Compliance

The Financial Crimes Investigation Service (FCIS) has issued updated guidelines detailing obligations for Lithuanian entities...

EU Issues New Guidance to Prevent Russian Sanctions and Export Control Evasion

The European Commission has issued updated guidance for industry to prevent Russian export control and...

MiCA to RegRally: The Crypto Guide – News Digest from Americas, Africa, Asia

ECOVIS ProventusLaw brings you a curated selection of significant developments from the crypto regulatory landscape...

MiCA to RegRally: The Crypto Guide – European and Global News Digest, November 2024

ECOVIS ProventusLaw brings you a curated selection of significant developments from the European and global...