Vitalija Impolevičienė

Senior Associate

Services

Country

Lithuania

About me

I am a senior associate with the firm‘s Finance & Insurance team. Having practised law since 2003, I have extensive experience in the field of regulation of the financial and insurance sectors, product development, distribution and related disputes.

Professional highlights

Experience in the insurance sector. I headed the legal department for the Baltics at one of the leading insurance companies in the region, at a time when the insurance sector was implementing new legal requirements related to the development and distribution of insurance products and the GDPR. I was also responsible for matters of corporate governance and dispute resolution. This experience enables me to understand the needs of clients in the insurance sector across different areas – from compliance with regulatory requirements, product development and distribution models to potential disputes.

Insolvency proceedings of credit institutions. While working as the Head of the Process Administration Division at state company Indėlių Ir Investicijų Draudimas, I represented the interests of the largest creditor, Deposit Insurance Fund, during the bankruptcy proceedings of insolvent credit institutions such as Bankas Snoras and Ūkio Bankas. I was also involved in the transposition of EU directives into Lithuanian law and represented Deposit Insurance Fund before the Court of Justice of the European Union.

Loan restructuring, disputes and infringement prevention. For a number of years I worked at law firms providing legal services to banks operating in Lithuania. I also assisted clients in the fields of litigation, financing and out-of-court loan restructuring.

While working in the insurance sector, I was responsible not only for the law department but also for the prevention department. I also have valuable experience in the protection of whistle-blowers, and the prevention of fraud and infringements. I was also involved in the development and implementation of an anti-money laundering system.

Academic background

  • Vilnius University, Lithuania (MA in Law)