Mr Augustas Klezys > Sorainen > Vilnius, Lithuania > Lawyer Profile

Sorainen
44A Gedimino Ave
LT-01110 Vilnius
Lithuania

Work Department

Finance & Insurance

Position

As a partner with the firm’s Finance & Insurance team and a business sector enthusiast, all my energy goes into providing cross-practice advice to financial sector companies.

Career

Finance sector team leader. Within the firm Augustas leads this team by assembling legal experts to establish the specific legal needs of clients and provide them with exact solutions.

Most complex transactions. It has been a privilege to advise financial sector companies in most complex and innovative transactions. For example, Augustas worked with the Lithuanian legal teams that advised the Nasdaq, Luminor, Šiaulių bankas and LNG Terminal transactions.

Co-author for country opinion. In 2018 Augustas co-authored the International Swaps and Derivatives Association (ISDA) netting country opinion for Lithuania. As Sorainen is a member of ISDA, Augustas plays an active role at meetings and provide insights on national derivatives-related regulations.

Advising FinTech firms. FinTech companies often seek Augustas’ advice on licencing their activities in the EU as well as to help them streamline operations after they obtain licences.

Ex-banker. His focus on the financial sector and cross-practice benefits is continuous: before joining Sorainen Augustas headed the legal unit at DNB Lithuania (now Luminor).

Languages

Lithuanian, English

Memberships

  • Lithuanian Bar Association
  • Member of the Board of the British Chamber of Commerce in Lithuania

Education

Vilnius University, Lithuania (MA in Commercial Law)

Lawyer Rankings

Lithuania > Fintech

(Next Generation Partners)

Augustas KlezysSorainen

The finance and insurance team at Sorainen has a knowledgeable practice that allows it to advise clients on a range of matters, from the development of banks, e-money, and payment institutions, and crypto-asset services, to licensing processes, product and operations structuring, AML policies, and compliance work. Tomas Kontautas has a strong banking regulatory profile dealing with both traditional financial market players as well as those in the fintech industry. He leads the practice alongside Augustas Klezys, who has particular expertise in advising clients on their licensing activities in the EU.

Lithuania > Banking, finance and capital markets

(Leading partners)

Augustas KlezysSorainen

The banking and finance team at Sorainen has experience in handling complex transactional, as well as regulatory, matters for both Baltic and foreign financial institutions. The firm continues its work in aviation finance, with other notable business in the real estate sector. The team is involved in various innovative financial services, such as non-bank payments and lending, e-money, and crowdfunding. Co-head Tomas Kontautas maintains a strong banking regulatory profile, dealing with complex matters in both the financial market and fintech industry, while vo-head Augustas Klezys continues to provide experienced advice on transactions and financial regulation.