ADON Legal is proud to announce that Donatas Šliora and Marius Matiukas have authored the Lithuanian chapter on fintech for the renowned International Comparative Legal Guide – Fintech 2024. Their contributions underscore ADON Legal’s expertise in the evolving fintech industry and our commitment to supporting Lithuania’s position as a hub for innovation and regulatory clarity in Europe.

The International Comparative Legal Guide offers a detailed overview of fintech regulations across multiple jurisdictions, serving as an essential resource for legal practitioners, fintech companies, and stakeholders worldwide. The Lithuanian chapter provides a comprehensive analysis of Lithuania’s fintech sector, examining the unique regulatory framework that supports a dynamic, forward-looking environment for financial technology growth and development.

Our chapter delves into several aspects of Lithuania’s legal and regulatory landscape, covering topics such as licensing requirements, data protection standards, anti-money laundering (AML) compliance, and the proactive role of the Bank of Lithuania in promoting fintech advancement. By outlining the strengths of Lithuania’s approach, including its responsiveness to innovation and openness to digital transformation, Donatas and Marius highlight the country’s emergence as a preferred destination for fintech companies seeking a regulatory-friendly yet robust environment within the European Union.

We invite you to read the Lithuanian chapter, accessible for free at ICLG’s website, to gain insights into the regulatory landscape that has propelled Lithuania to the forefront of European fintech.

We extend our gratitude to the International Comparative Legal Guide for this opportunity to contribute and are honored to share our expertise with a global audience. ADON Legal remains committed to supporting the growth of the fintech sector in Lithuania and looks forward to further collaborations that drive international fintech innovation.