Chambers Review
Provided by Chambers
FinTech Legal - Lithuania
What the Team is Known For
TESET acts for payments service providers, InsurTech platforms and alternative lending and investing platforms. It is experienced with FinTech regulatory matters, including electronic money institution licensing, as well as handling transactional matters.
Strengths
Teset’s main strength has been their familiarity with the regulatory process in Lithuania and their ability to navigate communications with the Bank of Lithuania.
Notable practitioners
Tomas Talutis is the managing partner of TESET. He is a banking law specialist with a strong FinTech practice. He is well regarded in finance and insurance matters.
Tomas Talutis is a very capable lawyer with many years of experience, and I genuinely enjoyed working with him.
Tomas Talutis is really good at what he does. He is down to earth and pleasant to work with.
Tomas Talutis is very concrete, clear and grounded - the opinion is always grounded on something. I know he is very active and I know he has good information from the regulators.