2022 – currently
Enterprise-wide risk assessments of money laundering and terrorist financing risks, audits
Conducting regular enterprise-wide risk assessments of money laundering, terrorist financing and implementation of international sanctions for financial institutions and other obligated entities. As well as regular preparation of relevant reports and action plans. Additionally, regular audits of these entities' ML/TF prevention internal policies, internal control procedures and systems are conducted, and the results of these audits are presented to the entities' management.
2022 – currently
Ongoing legal consultations on questions in the field of anti-money laundering and counter-terrorist financing and implementation of international sanctions
Assisting clients in developing and implementing effective ML/TF prevention programs and systems that adhere to relevant provisions of legal acts, guideles by competent authorities, and the expectations of supervisory bodies. Ongoing preparation, updating, and refinement of internal policies and procedures for financial market participants and other obligated entities.
2022 – 2023
Advice on licensing and operational issues under the new crowdfunding Regulation (EU) 2020/1503
Represented multiple clients in licensing processes under the new crowdfunding Regulation (EU) 2020/1503 and assisted them in successfully obtaining the said licenses.
Additionally, providing consultations to crowdfunding market participants on the regulatory changes introduced by the new regulation.
2021 – currently
Consultations for the authorizations of specialised banks and banks
Provision of comprehensive legal consultations and preparation of necessary documentation to assist clients in obtaining specialized banking licenses and bank licenses.
2021
Trainings in the field of personal data protection
Organised and held training for employees of financial institutions regarding the application of the GDPR and other issues related to personal data protection.
2019 – currently
Establishment and licensing of various financial market participants, compliance
Comprehensive legal consultations on licensing and operational matters for Lithuanian and foreign capital companies, preparation of legal documents for clients seeking to provide various payment or investment services and engage in investment activities, as well as consulting on risk identification, assessment, and monitoring for licensed entities.
2019 – currently
Consultations on banking and finance law questions
Legal consultations on operational matters for banks, credit unions, and insurance companies. Consultation, document preparation, and representation for entities seeking to become financial market participants.
