December 2, 2019
EBA Guidelines on ICT and Security Risk Management

European Banking Authority has published guidelines on ICT and security risk management (the Guidelines) addressed to financial institutions – credit institutions, payment service providers, and investment firms.

November 18, 2019
ADON legal team grows stronger

We are delighted to introduce our new team members Miroslava Kryštul and Simas Staniulis.

October 29, 2019
Lessons to be learned from MisterTango case

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

October 18, 2019
Donatas Šliora becomes a certified anti-money laundering specialist (CAMS)

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.

September 26, 2019
ADON legal recognized by IFLR1000 as a notable Lithuanian law firm in financial and corporate

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.

May 22, 2019
Effective and timely communication with regulatory authorities is as important as compliance

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.

May 20, 2019
Donatas Šliora co-authored a Lithuanian chapter for the “Legal Environment Report for Belt and Road Countries”

Donatas Šliora, the Founding Partner of ADON legal, co-authored a Lithuanian chapter for the “Legal Environment Report for Belt and Road Countries”.

February 13, 2019
New Developments in the Regulatory Framework of Payment Service Providers

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).