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FinTech

With a special focus on enhancing the regulatory environment, the Government of Lithuania has declared its intention to make Lithuania the first choice for FinTech businesses. In pursuing this objective, the Government and the Bank of Lithuania, the financial market supervisory authority, have put extra effort into attracting both startup and existing FinTech companies from other EU and non-EU countries to establish their businesses in Lithuania. Lithuania has passed amendments to its banking legislation introducing a new type of the so called “specialised banks”. The new legal framework entered into force on the 1st January 2017.
 
Our team of experts will help new entrants to the FinTech sector to set up a corporate framework for their business in Lithuania, assist throughout the licensing process, as well as with expanding their cross-border business, help to cope with a full range of financial regulatory, IT and e-commerce issues when developing new products and provide other legal services.

Key contacts

Ieva Dosinaitė

Partner

Head of Banking and Finance practice
+370 52194641
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Industries covered by this practise