News

Despite the COVID-19 pandemic, the number of payment and e-money institutions in Lithuania continues to grow

While normal life was suspended under lockdown due to COVID-19 pandemic, this does not limited...

Lithuanian Data Protection Authority’s 2022 planned inspections will focus on the activities of data protection officers and cookies

The Lithuanian Data Protection authority (VDAI) published information on scheduled inspections and monitoring planned for...

How to ensure a credible internal control and management system in a financial institution?

The Bank of Lithuania has analyzed how electronic money (EMI) and payment institutions (PI) are...

Cryptocurrency: Regulations in the USA on the way

Cryptocurrencies are trending. In the USA, the market is hardly regulated, but that about to...

French Data Protection Authority (CNIL) released an English version of the Guide for the role of data protection officer.

On the 15th of March, French Data Protection Authority (CNIL) released an English translation of...

NFT as the grey area of prevention of money laundering

Non-fungible tokens that are better known as NFTs have been shaking up the media as...

Major changes taking place in crowdfunding regulation

With the entry into force of the common European Union regulation, ECOVIS ProventusLaw would like...

Relocation package for employees from non Shengen zone (Updated)

Employee relocation is when a company chooses to move an existing employee, new hire or intern...

Amendments to Legislation of Labour Law in 2022

ECOVIS ProventusLaw provides the most significant amendments in the labour law which enter into force...