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The fast-spreading coronavirus (COVID-19) is raising many questions and concerns among financial institutions. Our international COVID-19 Task Force, including financial sector experts, is at your disposal, should you need advice in any legal issues you are facing. Below are some tips to help make decisions in a quickly changing situation. Material contracts and key business […]
Doing Business 2020 is the 17th in a series of annual studies investigating the regulations that enhance business activity and those that constrain it. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 190 economies— from Afghanistan to Zimbabwe—and over time. Full report available here.
Lithuania: Guidelines on Securities Token Offerings to offer more clarity for blockchain-based businesses
On 17 October 2019, the Bank of Lithuania released Guidelines on Securities Token Offerings. The primary goal of the Guidelines is to provide clarity regarding the legislation on tokens that have features of securities. The Guidelines lay out the neutrality regulation policy exercised by the Bank of Lithuania in regard to technology, meaning that regardless […]
Lithuania, with its regulatory and environmental advantages, is stepping up efforts to become a global fintech community, especially for companies engaged in payment, electronic money, digital banking, p2p lending and crowdfunding. Read more in our Fintech guide: Fintech guide: Lithuania – your entry to the single market.