As a senior associate with Sorainen, I primarily consult financial institutions, insurance firms and other companies on investment products and issues related to capital markets. Over the past decade, the regulatory environment has changed considerably for investment service providers, so it is my inspiration and passion to help them build their business in challenging times. I navigate clients through regulations applicable to providers of investment services and issuers of financial instruments, and also advise on investment insurance and the pension system.
Understanding of business needs. I began my professional career as an in-house lawyer and have 13 years of experience in the Lithuanian banking sector, working for Swedbank and SEB. I coordinated and led the investment and insurance law departments at SEB bank where I was involved from the legal side in projects such as MIFID I (the Markets in Financial Instruments Directive), EMIR (the European Market Infrastructure Regulation) and the launch of the Euro in 2015. Therefore, I see understanding business needs and possibilities as the cornerstone of providing legal advice and possible solutions.
Leading major projects. Since joining Sorainen in 2016, I lead our team in diverse projects related to bond issues, including advising Lietuvos Energija on issuing EUR 1 billion worth of green bonds, the first tranche of EUR 300 million primarily listed in Luxembourg and NASDAQ Vilnius Stock Exchange, as well as advising a local bank on proper implementation of MiFID II.
Improving capital market and insurance legislation. I have been involved in diverse regulatory projects that helped the Lithuanian capital market to evolve and appreciate the opportunity to be a link between business and regulators. As an in-house lawyer, I usually represented the Association of Lithuanian Banks at the country’s financial regulatory authority, FSA, the Ministry of Justice or the Ministry of the Interior. I also contributed to transposing the provisions of the EUs Insurance Products Distribution Directive into national law and defining requirements for insurance market participants and for distribution of life insurance products. I now advise the Ministry of Finance on the new Securitisation and Covered Bonds Law being prepared by an expert team including the EBRD, Sorainen and Richard Kemish Consulting. I also served on the expert team providing proposals on improving the investment environment for institutional investors.
- Vilnius University, Lithuania (MA in Law)
Deals & Cases
4finance issues USD 325 million bondsDeals & Cases
Baltic Mill bonds listed on Nasdaq First NorthDeals & Cases
Baltic Mill issues EUR 3 million EurobondsDeals & Cases
Bitė Lietuva to contribute 250 000 euro annually to employees’ pensionsDeals & Cases
European Commission-funded project launched in Lithuania to promote green investmentDeals & Cases
Lithuania: Guidelines on Securities Token Offerings to offer more clarity for blockchain-based businessesPublication
Fintech guide: Lithuania – your entry to the single marketPublication