Strict legal regulation is a distinctive feature of the Financial Services sector in all countries. Moreover, this sector is highly diversified and covers lots of instruments and services as well as various business models.
ECOVIS ProventusLaw provides full assistance to financial institutions including e-money institutions, payment institutions, financial brokerage firms, investment funds, private equity and venture capital funds, real estate investment funds, insurance companies and other entities operating in this sector. Our clients include payment institutions operating on the international level and local financial institutions.
Our experience in this sector covers the incorporation of entities, licensing of payment and e-money activities, advice on money laundering and regulatory issues as well as representation of clients in relations with market surveillance authorities, when entering into transactions, in disputes, debt restructuring procedures and in offering shares or bonds etc.
Our clients also entrust the team of ECOVIS ProventusLaw with complex legal issues covering several jurisdictions and when addressing those issues we rely, if required, on the expertise of the team of ECOVIS experts working in over 60 countries worldwide. Since the authorities of our country cooperate willingly with both experts and business entities, Lithuania is becoming a corridor leading businesses, including international entities, to the European Union .
We work together with our clients to develop solutions aimed at protecting their assets and reputation or at introducing new products to the market, that help them pursue their strategic and fiscal goals.
The range of services provided by us in this sector includes:
representation in obtaining required licences
advising on sector regulatory and risk management issues
representation in relations with market surveillance authorities
advising on issues of electronic payments and e-money, foreign remittances and foreign currency exchange transactions
assistance in the development of financial products and services
advising on money laundering issues
loans and debt restructuring, insolvency
incorporation of companies
representation in transactions
advising on IT and data protection issues
representation in disputes
advising on tax issues
advising on labour law issues
Inga Karulaitytė-Kvainauskienė Partner, Attorney at Law Phone: +370 5 212 40 84