Bank of Lithuania

Legal Acts regulating the Establishment of Banks and Credit Unions

Civil Code (No VIII–1864, 18 July 2000);
Law on the Bank of Lithuania (No I-678, 1 December 1994);
Law on Banks (No IX-2085, 30 March 2004);
Law on Financial Institutions (No IX-1068, 10 September 2002);
Law on Companies (No VIII–1835, 13 July 2000);
Board of the Bank of Lithuania Resolution on the Issuance and Revocation of Bank Licenses for Commercial Banks (No 216, 1 August 1996);
Board of the Bank of Lithuania Resolution on Approval of Minimum Requirements for the Strategic Operating Plan of the Bank (No 7, 24 January 2008);
Board of the Bank of Lithuania Resolution on the Election or Appointment of Bank Managers (No 105, 17 June 2004);
Board of the Bank of Lithuania Resolution on the Form of the Questionnaire of the Credit Institution Manager (No 106, 17 June 2004);
Board of the Bank of Lithuania Rules for the Notification about the Acquisition and Disposal of the Qualifying Holding of the Authorised Capital and (or) Voting Rights (No 92, 21 April 2009);
Board of the Bank of Lithuania Resolution on Approval of the General Regulations on Filing and Processing the Applications of Credit Institutions for the Issuance of Authorisations and on Granting Thereof (No 58, 6 May 2004);
Law on State Supervision of Precious Metals and Gems (No I-996, 3 July 1995);
Law on Markets in Financial Instruments (No X-1024, 18 January 2007).

Legal acts regulating the establishment of foreign bank branches

Civil Code (No VIII–1864, 18 July 2000);
Law on the Bank of Lithuania (No I-678, 1 December 1994);
Law on Banks (No IX-2085, 30 March 2004);
Law on Financial Institutions (No IX-1068, 10 September 2002);
Law on Companies (No VIII–1835, 13 July 2000);
Board of the Bank of Lithuania Resolution on the Issuance of Permissions for Foreign Banks to Establish Branches and Representative Offices in the Republic of Lithuania (No 127, 19 July 2001);
Board of the Bank of Lithuania Resolution on the Election or Appointment of Bank Managers (No 105, 17 June 2004)
Board of the Bank of Lithuania Resolution on the Form of the Questionnaire of the Credit Institution Manager (No 106, 17 June 2004);
Board of the Bank of Lithuania Resolution on Approval of the General Regulations on Filing and Processing the Applications of Credit Institutions for the Issuance of Authorisations and on Granting Thereof (No 58, 6 May 2004);
Law on State Supervision of Precious Metals and Gems (No I-996, 3 July 1995);
Board of the Bank of Lithuania Resolution on Approving the Rules on Enforcement of the Right to Provide Legal Services in the Republic of Lithuania and within the Territory Other Member States of the European Union (No 127, 22 July 2004).

Legal acts regulating the establishment of Credit Unions and Central Credit Union

Civil Code (No VIII–1864, 18 July 2000);
Law on the Bank of Lithuania (No I-678, 1 December 1994);
Law on the Central Credit Union (No VIII-1682, 18 May 2000);
Law on Credit Unions (No I-796, 21 February 1995);
Law on Financial Institutions (No IX-1068, 10 September 2000);
Bank of Lithuania Board Resolution on the Authorisations Granted by the Bank of Lithuania to Credit Unions (No 195, 16 December 2008);
Bank of Lithuania Board Resolution on Granting a Permit of the Bank of Lithuania to Establish the Central Credit Union (No 122, 19 July 2001);
Bank of Lithuania Board Resolution on the Election or Appointment of the Central Credit Union Managers (No 116, 8 July 2004);
Bank of Lithuania Board Resolution on the Election or Appointment of Bank Managers (No 105, 17 June 2004);
Board of the Bank of Lithuania Resolution on the Form of the Questionnaire of the Credit Institution Manager (No 106, 17 June 2004);
Resolution of the Board of the Bank of Lithuania on Granting a Licence to Engage in the Activities of the Central Credit Union (No 123, 19 July 2001);
Bank of Lithuania Board Resolution on Approval of the General Regulations on Filing and Processing the Applications of Credit Institutions for the Issuance of Authorisations and on Granting Thereof (No 58, 6 May 2004).