The regulatory sanctions imposed on MisterTango once
again demonstrate the importance of creating a healthy compliance culture in
the company. Each obliged entity must continuously review, improve and, most
importantly, implement the internal rules and procedures to meet the regulatory
Experts of ADON legal continue to strengthen their competence in financial services compliance. Donatas Šliora became a Certified Anti-Money Laundering Specialist. The training received from the Association of Certified Anti-Money Laundering Specialists (ACAMS) will allow to better assist clients in reinforcing their internal controls and enhancing ability to meet the regulatory expectations. It also gives a better understanding of a variety of challenges faced by AML officers in financial institutions.
The guide to the world’s leading financial and corporate law firms IFLR1000 has recognized ADON legal as a notable Lithuanian law firm in the financial and corporate category for 2019.
Donatas Šliora shared his insights with PaymentsCompliance on the fine imposed by Lithuanian State Data Protection Inspectorate on MisterTango, and the message it sends to the payment service providers operating in Lithuania.
Donatas Šliora, the Founding Partner of ADON legal, co-authored a Lithuanian chapter for the “Legal Environment Report for Belt and Road Countries”.
Donatas Šliora of ADON legal shares his insights with PaymentsCompliance on the recent developments in the regulatory framework for payment service providers in Lithuania, as well as the latest developments in AML field (including the report of MONEYVAL and the position of European Commission regarding Lithuania’s efforts to transpose 4AMLD).