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Šarūnas Grigonis
Senior Associate

I specialise in banking and finance law, advising Lithuanian and international clients operating in the regulated financial services sector.

My practice covers legal support throughout the licensing process, regulatory strategy development, and aligning business models with statutory and supervisory requirements. I also represent clients before supervisory authorities and help them prepare for changes in the legal and regulatory landscape.

I provide legal assistance to entities seeking authorisation as crypto-asset service providers, credit institutions, electronic money institutions, crowdfunding service providers, and other supervised financial market participants. I also advise on the licensing of crypto-asset token projects – assessing the legal status of tokens and ensuring compliance with applicable regulations.

I advise clients preparing for authorisation under the MiCA Regulation (Markets in Crypto-Assets Regulation). I work with both Lithuania-based companies and foreign entities intending to launch regulated activities in Lithuania under MiCA. I carry out regulatory risk assessments, advise on the compatibility of business models with the regulation, and support clients throughout the entire licensing process.

My priority is to deliver clear, practical and business-oriented legal solutions that help clients ensure compliance and operate effectively in a regulated environment.

 

2026
Advisory on the acquisition of an investment firm
Prepared operational documents for the licensing process, provided legal advice on transaction structure and regulatory aspects, and managed the entire process through to completion
2025
Advisory on the issuance of utility tokens
Prepared utility token documentation, including the white paper, for a client acting as token issuer. The token was successfully notified to the Bank of Lithuania and the European Securities and Markets Authority (ESMA).
2025
Representation of a credit institution during a Bank of Lithuania inspection
Provided legal support to a credit institution during a supervisory inspection by the Bank of Lithuania. Drafted responses to regulator enquiries, coordinated communications, and advised on inspection findings and the implementation of recommendations.
2024
Licensing of crowdfunding service providers under the EU Crowdfunding Regulation
Prepared licensing documentation, advised the client on the compatibility of the business model with ECSPR, and represented the client before the Bank of Lithuania throughout the authorisation process.
2024 - 2025
Advisory on virtual asset (crypto-asset) matters
Provided complex legal advice on crypto-asset related matters, including the provision and regulation of crypto-asset services, security token offerings (STOs), crypto-backed lending, initial coin offerings (ICOs), and the operation of NFT platforms. Assisted clients in drafting and negotiating related legal documentation.
since 2024
Licensing of crypto-asset service providers under MiCAR
Advising Lithuanian and foreign entities seeking authorisation as crypto-asset service providers under the EU Markets in Crypto-Assets Regulation (MiCAR). Representing clients before the Bank of Lithuania throughout the licensing process – from business model assessment to obtaining the licence
since 2024
Licensing matters for electronic money and payment institutions
Providing legal services to electronic money and payment institutions preparing to commence operations – from business model design to the preparation of licensing documentation. Representing clients before the Bank of Lithuania.
since 2024
Compliance advisory for financial institutions
Providing ongoing legal advice to financial institutions on internal policies, compliance with supervisory requirements, AML/CTF regulation, and other regulatory matters.
Education
2024
Vilnius University, Lithuania (Master’s degree in Law)
Professional activities
from 2025
Law firm Šenavičius ir partneriai RESPONSE, Senior Associate
2024 - 2025
Law firm Šenavičius ir partneriai RESPONSE, Associate
2024
Law firm Šenavičius ir partneriai RESPONSE, Junior Associate
2022-2023
Adamano Consulting UAB, Assistant Consultant
2020
Vilnius City Municipality, Intern
from 2019
Anykščiai District Municipality, Council Member