A Message to Financial Market Players in Lithuania: a Level Playing Field in the Supervision and Higher Level of Consumer Protection

Today the proposals to the legislative package initiated by the Ministry of Finance and the Bank of Lithuania, which will allow further strengthening of investors’ interests and consumer protection as well as harmonisation of supervision rules for different financial market...

ICO Guidelines – Good News for Startups

Lithuania is among the first EU countries that has developed the detailed guidelines to secure more transparent activities of the initial coin offering (ICO) projects. This will help to attract foreign investments and to create a favorable and more secure environment for fintech and blockchain business in Lithuania. “ICO market has not been  regulated yet. It has huge...

Minister of Finance Vilius Šapoka Met with the Leaders of the Central Bank of China

At the China International Fair for Trade in Service (CIFTIS) in Beijing Minister of Finance Vilius Šapoka accompanied by the delegation met the Vice-President of the Central Bank of China, where the Minister presented Lithuania and discussed possibilities for cooperation. During the meeting with the leaders of the Central Bank the...

Minister of Finance Vilius Šapoka in Beijing: Let’s Build International Cooperation Bridges in Financial Innovation

Today the statement given by Minister of Finance Vilius Šapoka in the China International Fair for Trade in Service (CIFTIS) has attracted a great deal of attention. The Minister of Finance presented Lithuania and its potential to several thousand people. Mr. Vilius Šapoka participated in the...