News

Online travel booking platform received a fine of EUR 475,000 for GDPR violations. Lessons to Learn.

Netherland’s data protection authority has imposed a fine of 475 000 EUR on Booking.com for a...

Lithuania approved an action plan for FinTech, promising simpler regulation

The Lithuanian government has approved an updated 2021 Fintech action plan, which includes 4 tasks:...

Internal Policies and Procedures

INTERNAL POLICIES AND PROCEDURES Maintaining risk-based, business-specific sanctions and AML/CTF compliance policies and processes may...

Mediation in Case of Violation of Sanctions

MEDIATION IN CASE OF VIOLATION OF SANCTIONS Over the past decade, financial and economic sanctions...

Training on Sanctions

TRAINING ON SANCTIONS ECOVIS ProventusLaw team of sanctions experts, experienced trainers, and AML/CTF compliance experts...

Consultations on Compliance with International Sanctions

CONSULTATIONS ON COMPLIANCE WITH INTERNATIONAL SANCTIONS Although Lithuanian companies and financial institutions are legally bound...

Financial and Economic Sanctions

Financial and Economic Sanctions International financial and economic sanctions are non-military measures implemented by the...

How to settle a dispute with a financial service provider?

The Bank of Lithuania reminds that consumers must submit requests for dispute resolution through the...

Startup

ENTRANCE PROGRAM FOR CURRENT AND FUTURE STARTUPS Whether you are just launching your startup or...