I specialize in banking and finance, as well as dispute resolution.
I seek practical solutions to complex business situations and help clients reach compromises that deliver the best benefits for their business. Through my practice, I have provided legal services for nearly all types of financial market participants in Lithuania—from management companies to brokerage firms and specialized banks. My legal advice is often sought by clients with innovative financial technology ideas that do not yet exist in practice. I am well-versed in licensing and financial market regulations.
In addition, I have extensive experience in blockchain and have played a role in the development of Lithuania’s blockchain ecosystem. I actively advise on regulatory matters, including MiCAR licensing, helping clients navigate the evolving landscape of digital assets and compliance.
2024 – 2025
MiCA and blockchain
I have been actively advising clients on the preparation for MiCA licensing, supporting both established entities successfully operating in Lithuania and large foreign companies planning to obtain a MiCA license. My role spans from conducting comprehensive risk assessments of the company and business model to providing strategic guidance throughout the licensing process.
2023-2024
Payments and Electronic Money Institutions
I advise clients on obtaining licenses for Electronic Money Institutions (EMIs) and assist potential acquirers in successfully securing regulatory approval for EMI acquisitions. My support extends beyond licensing, guiding clients through business development, strategic restructuring, and adapting to evolving regulatory frameworks. We help companies refine their business models, implement necessary operational changes, and ensure compliance with financial market requirements, enabling them to build sustainable and scalable EMI operations.
2022-2024
New European Crowdfunding Regime
We advised during the first licensing process of crowdfunding platforms in Lithuania under the European Crowdfunding Service Providers Regulation (ECSPR). RESPONSE played a key role in guiding clients through the regulatory framework and supervised the submission of applications and all licensing processes to the Bank of Lithuania. We continue to work closely with the crowdfunding platforms helping our clients adapt to new legal requirements and ensuring compliance in this evolving sector.
2016-2020
Acquisition of non-performing loan portfolios
I provided legal services to Easy Debt Service, UAB on acquisition of non-performing loan portfolios. The scope of the assignment was from non-binding offer to the completion of the transaction. I advised on the structure of the transaction, and provided thorough legal due diligence, and strategy. The total amount of the purchased claim rights was 150 million. EUR.
2018-2020
Establishment of Specialized Banks in Lithuania
I advised specialized banks (consumer loans and business lending) in Lithuania on the process for the authorization of a specialized bank license.
2018-2020
Bonds and other Alternative Funding
I advised one of the largest players in the market, SME Finance, Easy Debt Service, on bond issues.
2018-2020
The first security token offering in Lithuania
I advised a crowd-funding platform, UAB Finansų bite verslui in Lithuania, on the implementation of the first public offering of derivatives through the issuance of security tokens.
2018-2020
Blockchain and cryptocurrencies
I participated in the development of regulation of ICO, STO, and virtual currency exchange offices in Lithuania. I advised innovative market players such as Hodl Finance, Aciety, Smartlands, Desico, etc.
2018-2019
Large Business Dispute Project
I managed a large project of more than 150 disputes with clients of credit institutions, including representation in courts.
2018-2019
Insurance Disputes in Lithuania
I represented Coface, a credit insurer, and ADB Compensa Vienna Insurance Group in large (over EUR 500,000) insurance disputes.
2017-2019
Licensing of payment service providers in Lithuania (PSP)
I advised electronic money institutions and payment institutions for the preparation of documents required for the licensing process. I coordinated the licensing processes.
2017-2019
P2P lending and crowdfunding
I advised on licensing, AML and operational aspects for P2P, crowd-funding platforms (EstateGuru, Savy, Finbee, Andrum, Finansų bite verslui, Profitus, etc.). I advised the client on obtaining the first crowd-funding license in Lithuania.
2016-2018
The first management company operating in Lithuania under the AIFM Directive
I prepared operating documents for Lords LB Asset Management for the purposes of Directive 2011/61/EU of the European Parliament and of the Council on Alternative Investment Fund Managers.
2016-2018
Restructuring of agribusiness and Related Disputes
I advised a large agribusiness firm (confidential) on restructuring issues. I represented the client in over 40 disputes during the restructuring process.
