WALLESS

WALLESS is a modern Baltic law firm known for its wall-less mindset – a collaborative, client-focused approach that brings together top professionals across the Baltics to deliver practical, business-oriented results. Guided by transparency, professionalism, and high standards, the firm operates with lean processes and a low leverage model (one partner per 3–4 associates), ensuring direct partner involvement and clear decision-making.

The WALLESS FinTech team, led by Partner Joana Baublytė-Kulvietė with Partners Gediminas Rečiūnas and Laurynas Narvydas, is among the strongest in the Lithuanian market. With most team members having 7–13 years of experience in financial regulation, WALLESS offers clients direct access to senior expertise across payments, compliance, AML, licensing, and regulatory-driven M&A. Working as one integrated Baltic practice, the team provides unified regulatory support across Lithuania, Latvia, and Estonia, assisting clients with regional and global operations.

The financial regulatory practice is recognised for:

1. Specialised know-how in payments, financial services regulation, AML, compliance, licensing, and regulatory-driven transactions.
2. Expertise in new regulatory areas, including crypto-assets, MiCA, DORA, PSD3/PSR, AMLA, and ESG-related compliance.
3. Broad industry coverage – from banks, e-money and payment institutions, to brokerage, asset management, private funds, pension funds, and insurance companies.

WALLESS advises clients ranging from early-stage fintechs to established international institutions, combining deep regulatory insight with hands-on experience before the Bank of Lithuania. The team regularly assists on licensing, compliance, AML/CTF, MiCA-related obligations, and supervisory investigations. Beyond client mandates, WALLESS contributes actively to the Baltic FinTech community through industry association work and tailored training for executives and board members on compliance and governance.