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  • Article

    Enhancing Transparency: Key Changes To Debt Management Under The Amended Consumer Rights Law

    Starting November 1, an important amendment to Article 40 of the Law on the Protection of Consumer Rights comes into force, marking a new era in debt management transparency.
    LithuaniaConsumer Protection
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    New EDPB Data Protection Handbook: A Practical Guide For SMEs

    The European Data Protection Board (EDPB) has made a valuable resource available to small and medium-sized enterprises (SMEs) by publishing translations of its Data Protection Handbook in 17 languages.
    LithuaniaPrivacy
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    MiCAR's Next Step: Key Transparency Requirements For Crypto-Asset Service Providers (CASPs)

    The European Commission has adopted a Delegated Regulation that complements the Markets in Crypto-assets Regulation (MiCAR).
    LithuaniaTechnology
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    EU Issues New Guidance To Prevent Russian Sanctions And Export Control Evasion

    The European Commission has issued updated guidance for industry to prevent Russian export control and sanctions evasion. This guidance is designed to aid industry in identifying Russian evasion tactics...
    European UnionInternational Law
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    European Digital Identity Wallets: A New Era Of Secure Digital Interactions

    The European Commission has taken a significant step toward enhancing digital security and privacy across Europe by requesting the EU Agency for Cybersecurity
    LithuaniaTechnology
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    RegRally Insights: Employment Law – September 2024

    ECOVIS ProventusLaw shares its Employment Law Update which explores the latest developments in employment law and looks at the issues that matter to employers.
    LithuaniaEmployment and HR
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    CJEU Clarifies Limits Of "Legitimate Interest" Under GDPR For Commercial Data Processing

    The Court of Justice of the European Union (CJEU) addressed how organisations can rely on the "legitimate interest" basis under the GDPR when processing personal data for commercial purposes, such as marketing, without user consent.
    LithuaniaPrivacy
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    The Supreme Court Expressed It's Position Regarding A Bank's Right To Unilaterally Terminate A Contract With A Client

    On November 6, 2024, the Supreme Court of Lithuania (SCL) reviewed a case concerning the bank's right to unilaterally terminate a bank account agreement with a client.
    LithuaniaGovernment, Public Sector
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    FCIS Issues Updated Guidelines For Lithuanian Entities On International Sanctions Compliance

    The Financial Crimes Investigation Service (FCIS) has issued updated guidelines detailing obligations for Lithuanian entities regarding international sanctions compliance, specifically under the UNSCR 1373 framework.
    LithuaniaInternational Law
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    Bank Of Lithuania Urges EMIs To Strengthen AML And Fraud Prevention Measures

    The Bank of Lithuania (BoL) has issued a comprehensive analysis of money laundering and terrorist financing (ML/TF) risks faced by electronic money and payment institutions (EMIs) from January to December 2023.
    LithuaniaGovernment, Public Sector
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    The Bank Of Lithuania Adopts EBA Guidelines On Historical Data Resubmission

    The Bank of Lithuania will follow the European Banking Authority's (EBA) Guidelines on the Resubmission of Historical Data under the EBA Reporting Framework (EBA/GL/2024/04) in its financial market supervision.
    LithuaniaCompliance
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    RegRally Insights: Sanctions Essentials – November 2024

    Welcome to monthly newsletter on Sanctions powered by ECOVIS, which is dedicated to everyone who wants to understand the latest trends and developments, get tips from our experts, and deepen their knowledge.
    LithuaniaInternational Law
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    Key Changes To The Lithuanian Labour Code From January 1, 2025

    The Parliament of the Republic of Lithuania approved amendments to the Labour Code that will be put into force on January 1, 2025.
    LithuaniaEmployment and HR
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    Lithuania Strengthens Cybersecurity With New Law Aligned To EU Standards

    The updated Law on Cybersecurity (the "Cybersecurity Law") entered into force on 18 October 2024 in Lithuania.
    LithuaniaTechnology
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    Why Is It Worth To Invest In Lithuania?

    Openness to innovation, an increasingly digitized society, and a stamp of approval from hundreds of leading global companies.
    LithuaniaCorporate/Commercial Law
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    MiCA To RegRally: The Crypto Guide – Global News Digest, December 2024

    ECOVIS ProventusLaw brings you a curated selection of significant developments from the global crypto regulatory landscape in December 2024.
    LithuaniaTechnology
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    RegRally Insights: EMI/PI Regulation – October 2024

    Welcome to the newest newsletter on EMI/PI Regulation powered by ECOVIS, which is dedicated to everyone who wants to understand the latest trends and developments, get tips from our experts, and deepen their knowledge.
    LithuaniaFinance and Banking
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    RegRally Insights: Labour Law – November 2024

    ECOVIS ProventusLaw invites you to read about current trends and news in employment law in November 2024 and how companies in Lithuania can stay compliant.
    LithuaniaEmployment and HR
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    RegRally Insights: Consumer Protection Regulation – October 2024

    ECOVIS ProventusLaw welcomes to its newest newsletter consumer protection regulation, which is dedicated to everyone who wants to understand the latest trends and developments, get tips from our experts, and deepen their knowledge.
    LithuaniaConsumer Protection
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw
  • Article

    RegRally Insights: Sanctions Essentials – December 2024

    ECOVIS ProventusLaw welcomes you to its monthly newsletter on Sanctions, which is dedicated to everyone who wants to understand the latest trends and developments, get tips from our experts, and
    LithuaniaInternational Law
    ECOVIS ProventusLaw
    ECOVIS ProventusLaw

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