Region Area

Lawyers

Grėta Šumskytė

Sorainen, Lithuania

Work Department

Finance & Insurance

Position

I am an associate in Sorainen’s Finance & Insurance team. I advise clients on a wide range of issues related to fintech and finance and banking. 

Career

Financial market participants and compliance. I advise companies wishing to start operations in the Lithuanian financial market on establishment, licensing and regulatory issues related to their future operations. I pay particular attention to fintech companies and regulation of payment services. I also advise already-licensed financial market participants in the areas of compliance and intermediation and assist them in their dealings with the Bank of Lithuania.

Diverse experience in advising financial market participants. I have experience advising financial market participants across a wide range of financial market sectors. This allows me to better understand the overall functioning of the financial market and to take a holistic view of the issues they face, advise on potential risks and offer client-specific solutions.

Continuous improvement. I am convinced that continuous interest in financial technologies and learning is essential to providing the highest quality advice to financial market participants, and I strive to ensure continuous professional development not only in financial law but also in other areas.

Memberships

Lithuanian Bar Association

Education

Vilnius University, Lithuania (MA in Law) University of Bergen, Norway (exchange student)