All Insights

For several years now, we have witnessed impressive growth within Lithuania’s Fintech ecosystem. However, recent statistics indicate that...

For many financial institutions, sanctions compliance processes rely heavily on list screening. If no potential match is triggered, the...

For financial institutions, transaction monitoring rules are essential – not only to meet regulatory requirements but to detect financial...

Financial market participants supervised by the Bank of Lithuania - whether seeking to obtain or expand a license, or undergoing changes...

Let’s be honest – most compliance teams have faced AML backlogs at some point. Periodic client reviews. Alerts piling up. Monitoring...

Are you planning to introduce a new product or service to the market? Whatever stage your business is at, trademark registration is one...

The European Union, seeking to promote greater integration of environmental, social, and governance ( ESG ) factors in the financial...

Modern businesses are inseparable from technology - it optimizes processes, automates operations, and drives innovation. However,...

There’s a growing perception that annual reviews are becoming outdated in management. While I agree that regular, year-round performance...

The European Securities and Markets Authority (ESMA) presented its 2023 report , which examines rules and sanctions applied in various...

When considering an investment in funds, the number of documents involved can feel overwhelming. Each document plays a crucial role in...

72% of companies identify problems related to human resource management (HRM) among the biggest business challenges (BCG study, which...

Marketing experts working with companies in the financial sector face a challenge—advertising for financial products is strictly...

Lithuania, along with the EU, is taking significant steps towards regulating the crypto market with the new MiCA (Markets in...

The Bank of Lithuania has prepared a Guidelines for Compliance with Risk Management Requirements for Electronic Money and Payment...

"The GDPR craze is over" is the joke in business, but the fact that lawyers are educating the market less and less about the possible...

We are excited to congratulate and share the joy with all current and future investors on the Personal income tax (GPM) law amendments...

The long-standing legal and regulatory void in Europe and the world regarding the use and application of Artificial Intelligence (AI) has...

Non-compliance schemes have varied globally, as businesses (and not only financial institutions) are often the target of fraud, but they...

As we wrote in Part 1 , stability is a critical factor for every financial market participant, and the Bank of Lithuania plays a key role...