News

The Bank of Lithuania launches real time pan-European payments available for the clients of Lithuanian licensed FinTech companies

22-11-2017 The Bank of Lithuania (financial regulator) has opened up the possibility for the banks...

The Chinese financial service provider is moving through Lithuania to the EU market

13/11/2017 The Bank of Lithuania issued a payment institution license for a Chinese investor company UAB...

Lithuania is seeking to attract FinTech companies from China

30/10/2017 The central Bank of Lithuania seeks to attract financial technologies (FinTech) companies from China....

Singapore-based global payments processor “InstaReM” secures Lithuanian e-money license for European expansion

28/09/2017 “InstaReM”, well-known Singapore-based financial technology (FinTech) company, is entering the European market via Lithuania....

FinTech companies will have a unique opportunity to test their new innovative products in real market conditions

Lithuania continues to improve regulation of financial services and will allow for FinTech companies to...

European banking license. REVOLUT gets Specialised Bank license in Lithuania

[vc_row][vc_column][vc_column_text el_class=”eu_banking_lt”]28/01/2019 UK-based financial technology giant Revolut has obtained a Specialized Bank license in Lithuania....

How will we process personal data at work from May 2018?

On June 8, 2017 the Data Protection Working Party, acting under Article 29 of the...

REVOLUT will carry out Euro payments in Single Euro Payments Area (SEPA) using payment infrastructure of the National Bank of Lithuania

London based global payment processor REVOLUT has chosen Lithuania to open IBAN bank accounts for...

Guidelines prepared for preparation for new legal regulation of personal data protection

Lithuania is preparing for changes in the system of legal regulation of personal data protection....

New Labour Code of the Republic of Lithuania enters into force. What you should know?

It is rather short time remaining until the new Labour Code of the Republic of...

American stock exchange giant Nasdaq welcomes Lithuania’s progress in FinTech

More competition means more innovation, and that can only be an advantage for Europe’s consumers...

ECOVIS ProventusLaw – among the best law firms in Lithuania in “Legal 500” ranking

One of the largest international legal directory “Legal 500” published the newest law firms world...

Global financial giant will develop its first FinTech product in Lithuania

deVere Group, which owns more than 60 companies in the UK, Germany, France and other EU...

EU countries will have to justify their need to access personal communication data

With their separate national legislation, EU countries, will no longer be able to combat crime...

Lithuania will take even more actions to develop the FinTech sector

Lithuanian Ministry of Finance, the Bank of Lithuania and other state institutions continue discussions about...