FinTech Legal
FinTech Guide 2024 : Lithuania
Band 1
Email address
[email protected]Contact number
+370 52 685 040Chambers Review
Sorainen acts for FinTech clients on regulatory and licensing matters, including obtaining e-money institution licences in Lithuania and passporting across the EU. The team also assists with anti-money laundering compliance and virtual asset service provider licensing matters.
Work Highlights
- Sorainen advised Benker on obtaining an electronic money institution licence.
Strengths
Provided by Chambers
"Sorainen specialists really focused on the issue, added creativity and went a long way while representing us."
"When Sorainen are given a task, they carry it out within the agreed time frame and come up with much more detailed findings that go beyond the agreed scope."
"Sorainen have in-depth knowledge of the market, and are able to approach complex problems in creative and well thought-out ways."
"Sorainen specialists really focused on the issue, added creativity and went a long way while representing us."
"When Sorainen are given a task, they carry it out within the agreed time frame and come up with much more detailed findings that go beyond the agreed scope."
"Sorainen have in-depth knowledge of the market, and are able to approach complex problems in creative and well thought-out ways."
Notable Practitioners
Augustas Klezys co-heads Sorainen's finance and insurance team and sector group in Lithuania. Klezys advises FinTech companies on licensing applications, including e-money institution and virtual asset service provider licences. He also advises on AML and counter-terrorism finance compliance.
"Augustas Klezys is always able to come up with creative ways to approach any problem within or outside of FinTech."
Tomas Kontautas advises FinTech clients on regulatory licensing and compliance matters. He has particular expertise in insurance and traditional banking law matters, as well as FinTech.
"Tomas Kontautas' professionalism and work ethic is second to none and he consistently goes above and beyond to ensure that projects are completed on time and to the highest standards."
"Tomas Kontautas has very deep experience, is professional at the highest level and finds a solution to the most difficult situations."
Liutauras Vasiliauskas is a senior associate at Sorainen. Vasiliauskas advises on regulatory compliance matters, including on the implementation of PSD2.
"Liutauras is a sophisticated, smart lawyer with a very thorough approach to FinTech matters."
"Liutauras Vasiliauskas is a strong professional, with a high level of responsiveness. He is able to approach complex problems and deliver solutions in an efficient manner."
Ranked Individuals at
Sorainen
Lithuania