The banking and finance team at Response works on various projects related to the regulations of financial services. The team is involved with the creation and evaluation of AML systems, alongside the assessments of various fintech models, and the presentation of such models to the Bank of Lithuania, Ministry of Finance, and other institutions. The team benefits from a wealth of experience provided by three co-heads: Vytautas Šenavičius, Tadas Lukošius, and Jakaterina Govina.
Testimonials
Collated independently by Legal 500 research team.
‘Team works together as a whole, communication is quick and efficient, project management is well executed which is mainly confirmed by the results in licences being issued to clients by the regulator in the financial sector.'
‘Vytautas Šenavičius is hands-on and available.'
Key clients
- UAB „Trečia diena“
- UAB “Bendras finansavimas”
Work highlights
- Advised 10 of 13 ECSPs on obtaining crowdfunding service provider licenses under the new ECSP Regulation.
- Advised UAB UCS BALTIC on the new business model and securing inclusion in the Bank of Lithuania's list of payment institutions.