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Nine Lithuanian Institutions Join Forces in Fintech Risk Management

Lithuania highly visible on the global Fintech innovation map also becomes a relevant risk management competence centre. By the initiative of Minister of Finance Vilius Šapoka, nine national institutions joined forces for a common goal – to promptly anticipate Fintech potential risks and effectively manage them. On Monday these intentions were endorsed by signing the inter-institutional memorandum.

The Memorandum on Cooperation and Exchange of Information in Risk Management in Financial Innovation and Financial Technology was signed by Minister of Finance Vilius Šapoka, Minister of the Interior Eimutis Misiūnas, Chairman of the Board of the Bank of Lithuania Vitas Vasiliauskas, Director of the Special Investigation Service Žydrūnas Bartkus, Director of the Financial Crime Investigation Service Antoni Mikulskis, Deputy Commissioner-General  of the Lithuanian Police Edvardas Šileris, Head of the State Tax Inspectorate Edita Janušienė, Director of the State Data Protection Inspectorate Raimondas Andrijauskas, Director of the state company Deposit and Investment Insurance Aurelija Mažintienė.

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