May 26th, 2020
Lithuania

Electronic Money Institution EMI and SEPA in Lithuania and UK

SEPA connections may be done by Electronic money institution (EMI) or payment institution registered in EU/Lithuania and questions may come up with SEPA connection for UK regulated Electronic money institutions passporting or extensions to EU/Lithuania and other EU member states.

UK regulated Electronic money institutions are fully compatible with SEPA and will remain fully operational at least until the December 31st 2020. UK regulated Electronic money institution extensions may be done – it is possible to open Electronic money institution branches in other SEPA countries such as Lithuania in order to continue carrying out their activities and carry out their operations as Electronic money institution (EMI in Lithuania).

Electronic money institution (EMI in Lithuania) may be fully SEPA connected as per necessity and provide their services within EU and also internationally. Same for the UK regulated Electronic money institutions which can be connected to SEPA and their operations may also be extended to EU/Lithuania.

Extension of UK regulated Electronic money institution or any other Electronic money institution operating within Europe, may be done by creating a local branch or registering at national Electronic money institution EMI regulator, which will allow the foreign Electronic money institution to carry out their services locally and be fully SEPA connected.

Electronic money institution EMI registered in Lithuania or in any other EU member state may be SEPA connected and provide their services within the SEPA participant area in Europe.

We offer the establishment of SEPA connection of Electronic money institutions, including UK regulated Electronic money institutions as well as to carry out the extensions in order for UK regulated Electronic money institutions to become EMI in Lithuania and fully SEPA compatible. 

To find out more detailed information or should you need to receive specific information regarding Electronic money institution (EMI) registration in EU/Lithuania and information regarding SEPA, do not hesitate to contact our legal experts at valters.gencs@gencs.eu , info@gencs.eu , +371 67240090.  




Contact us about

Electronic Money Institution EMI and SEPA in Lithuania and UK

Your message was sent. Thanks

Obtenez votre copie GRATUITE du guide des affaires dans les pays Baltes 

Your message was sent. Thanks

Gencs photo

A propos de Valters Gencs 

Sous différents aspectsb L'avocat Letton Valters Gencs est l'archétype de l'avocat modern - A étudier aux USA , Eait pret à prendre un risque commercial avec la création de sa firme qui à été prospère durant presque 16 années.

En savoir plus.

Notre Equipe

Notre équipe est constitué d'avocats, et de consultants financiers parmis les plus expérimentés et talentueux des Baltiques. Nos experts trouverons la solutions la plus adapté à votre situation.

OurTeam

Our knowledge

Nos connaissances

Gencs Valters Law Firm dispose de 15 ans d'experience pratiques dans les sevices légaux, la consultation fiscale, la fusion et l'aquisition, les lois fiscales, la consultation financière, les institutions, les lois fisclales, la propiété intellectuelle, ainsi que l'immigration et les litiges.