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
"We are really happy with the service from TESET."
Work highlights
TESET advised Stanhope Financial, the alternative banking services company, on regulatory compliance matters. The team assisted with AML compliance, structuring new products and related matters.
Notable practitioners
Tomas Talutis is the managing partner of TESET. Talutis is a banking law specialist with a strong FinTech practice. He is well regarded in finance and insurance matters. "Tomas Talutis has a deep knowledge of the area and the regulator's approach, which is very helpful, and responds quickly to our needs."
