FinTech Legal
FinTech Guide 2024 : Lithuania
Band 2
Email address
[email protected]Contact number
+370 5 268 1888About
Provided by Ellex Valiunas
FinTech
The largest specialised FinTech team in Lithuania
Headed by 2 partners, the practice team includes 9 lawyers, most of them with more than 10 years of legal experience. The experience gained in the field of financial technology, internships with market leaders and international compliance certificates enable the team to comprehensively consider practical issues of our clients.
More than fifty projects
In recent years alone, the FinTech team represented clients in more than 30 projects of financial institution licensing, over 10 projects involving merger and acquisition of financial institutions, and the same number of times advised clients regarding compliance and operation investigations conducted by supervisory bodies.
Experts in prevention of money laundering and terrorist financing
A team of 4 experts work exclusively on matters of the prevention of money laundering and terrorist financing.
An active role in developing legal framework
Ellex Valiunas FinTech practice group provided full-range advice to foreign governmental organisations and supervisory bodies on the regulatory reform in the financial sector. In addition, the team actively participates in associations, maintains contacts with the Bank of Lithuania and other institutions providing proposals for the improvement of the legal environment.
Specialisations
- Regulation and compliance
- Licensing
- Brexit legal services
- Legal audits
- Prevention of money laundering and terrorist financing
Chambers Review
Ellex Valiunas' FinTech team is part of its banking and finance practice. The firm works with international clients in incorporating their business in Lithuania, handles payment institution licence applications and provides ongoing regulatory, compliance and IT support. Ellex Valiunas is also highly competent in M&A and other transactional work.
Work Highlights
- Ellex Valiunas advised Payhawk on its application for an electronic money institution licence in Lithuania. The team also helped the client relocate its European operations to Lithuania.
Strengths
Provided by Chambers
"Ellex Valiunas have the knowledge and experts in-house."
"Ellex Valiunas consistently demonstrates its ability to handle complex and innovative matters, even in areas where there is limited knowledge and established practices."
"Ellex has a complete team of professionals specialising and covering different areas, such as regulatory compliance, EU sanctions, licensing and approval."
"Ellex Valiunas have the knowledge and experts in-house."
"Ellex Valiunas consistently demonstrates its ability to handle complex and innovative matters, even in areas where there is limited knowledge and established practices."
"Ellex has a complete team of professionals specialising and covering different areas, such as regulatory compliance, EU sanctions, licensing and approval."
Notable Practitioners
Ieva Dosinaitė is a partner in the banking and finance team and an expert on FinTech matters. Dosinaitė is particularly adept at representing clients in complex financings, and she also regularly assists with regulatory licensing and compliance issues.
"Ieva Dosinaitė has a very client-caring approach and delivers bright, smart and sound advice on complex matters."
"Ieva Dosinaitė is a true expert in her field, possessing in-depth knowledge and a remarkable skill set. She takes the time to understand our unique needs, ensuring that our best interests are always prioritised. Her ability to navigate complex legal matters with delicacy is truly commendable."
Julija Šlekonytė is a financial services lawyer with experience in FinTech licensing and regulatory compliance issues. She advises digital payments businesses and other FinTech companies on securing electronic money institution licences.
"Julija Šlekonytė is the first point of contact in any complex FinTech-related question. She is attentive, understanding and extremely professional in delivering her advice."
"Julija Šlekonytė engages and analyses the client business, always searching for additional angles and arguments before providing her final advice."
Ranked Individuals at
Ellex Valiunas
Lithuania