Sorainen‘s finance and insurance department is led by the duo of Tomas Kontautas, who focuses on regulatory matters, and Augustas Klezys, who covers a range of transactions and fintech licensing issues across the EU. Further work in the fintech space for the practice include handling the establishment of new companies and acquisitions in addition to electronic money and crypto matters, areas for which senior associate Liutauras Vasiliauskas is noted. The firm also advises on anti-money-laundering matters, with Akvilė Jurkaitytė and Goda Drasute being key names in this space. The practice also recently recruited anti-money laundering expert Eimantas Vytuvis.
Testimonials
Collated independently by Legal 500 research team.
‘Partner Augustas Klezys has deep knowledge and understanding of the financial market and, as such, can navigate the client through complex matters utilising his out-of-box thinking abilities.'
- 'Senior associate Liutauras Vasiliauskas is constantly deepening his fintech knowledge and provides strong argumentation in complex fintech regulatory matters.’
‘Tomas Kontautas - great commercial sense, very approachable. Akvilė Jurkaitytė - effective and approachable.'
‘They are approachable, we can treat them as an extension of our in-house team.’
‘We enjoy working with Liutauras Vasiliauskas - he is thorough, knowledgeable and a strong sense of intellectual curiosity.’
‘Concrete, accurate, practical.’
Key clients
- BENKER UAB
- Lendwill AS
- Corporate Services UAB
- Finolita Unio
Work highlights
- Advised Benker on licence passporting matters and regulatory issues, advised on the establishment of related companies and transfer of businesses, and represented the client with the Bank of Lithuania.
- Advised Lendwill on expanding its business into Lithuania and obtaining a peer-to-peer (P2P) lending platform operator licence in Lithuania.
- Representing Finolita at the inspection of the Bank of Lithuania.
Lawyers
Practice head
The lawyer(s) leading their teams.
Tomas Kontautas, Augustas Klezys