How EMI in Lithuania got under investigation

June 7th, 2021 Previously we wrote about Electronic Money Institution in Lithuania which has been under investigati... Read more

What is the link between Electronic Money Institution in Lithuania and Wirecard?

June 3rd, 2021 The Bank of Lithuania has created a FinTech-friendly environment that would attract new companies an... Read more

EMI (Electronic Money Institution) for acquisition in European Union (Lithuania) and UK

May 24th, 2021 EMI (Electronic Money Institution) for acquisition in European Union (Lithuania) – a remarkable oppo... Read more

SEPA changes after BREXIT for Electronic Money Institutions in Lithuania and the UK

October 13th, 2020 SEPA changes after BREXIT on December 31st 2020 will influence how the payment orders are being proc... Read more

Lithuania/EU high risk third country list

August 7th, 2020 On 7th of May, 2020 the EU Commission has implemented a new delegated Regulation (EU) 2020/855 which... Read more

Electronic Money Institutions in Lithuania/EU – Client Risk Assessments

August 6th, 2020 As the Information and communication technology (ICT) and security risks for electronic payment inst... Read more

Anti-Money Laundering Rules in the Baltics Part I

July 9th, 2020 SEB Bank has been the latest Scandinavian bank to be fined by regulators over weak anti-money launde... Read more

Electronic money institution (EMI) in Lithuania in context of Visa and Mastercard Schemes

July 7th, 2020 On June 17th 2020 a judgment was delivered by the Supreme Court of the United Kingdom regarding the ... Read more

Cryptocurrency licensing in Estonia and United Kingdom Part II

June 30th, 2020 On previous part we discussed how with the arrival of cryptocurrencies there is a challenge for regu... Read more

Cryptocurrency licensing in Estonia and United Kingdom Part III

June 30th, 2020 At Part I and Part II you can read how with the arrival of cryptocurrencies there is a challenge for... Read more

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About Valters Gencs

In many regards, Latvian advocate Valters Gencs is the archetypal modern Baltic attorney – US educated, willing to take a commercial risk with his firm, which has been successfully operating for almost 16 years.  

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Our team consists of knowledgeable and experienced advocates, lawyers and tax consultants in the Baltic States. Our professionals will find the most appropriate solution for your situation. 

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Gencs Valters Law Firm has a 20-year practical experience in legal services, tax consulting, mergers and acquisitions, banking law, finance consulting, corporate, intellectual property, immigration and litigation.