Bank of Lithuania

To ensure smooth licensing process, we have prepared practical guidance for the newcomers of the financial market on the proper preparation for the process. We hereby provide examples of the most frequent mistakes and remarks given during the licensing process, also, examples of best practices. This guidance will hopefully be useful to you.

Detailed information on ‘How to obtain a licence’ is available HERE.

How to properly get ready for licensing: document is available HERE (718.2 KB ).

  1. Of relevance to all participants of the financial market
  2. Of relevance to those who intend to raise funds
  3. For those who intend to apply for a licence of an electronic money or payment institution
  4. For those who intend to apply for a bank or specialised bank licence
  5. For those who intend to apply to be included on the list of crowdfunding platform operators
  6. For those who intend to apply for a licence of a management company
  7. Of relevance to collective investment undertakings
  8. For those who intend to apply for a licence of a financial brokerage company
  9. For those who intend to apply for a licence of a financial adviser undertaking
  10. For those who intend to apply to be included on the list of consumer credit providers and peer-to-peer lending platform operators operating in accordance with the Republic of Lithuania Law on Consumer Credit
  11. For those who intend to apply to be included on the list of credit provider and peer-to-peer lending platform operators operating in accordance with the Republic of Lithuania Law on Real Estate Related Credit
  12. For those who intend to apply to be included on the list of credit intermediaries operating in accordance with the Republic of Lithuania Law on Consumer Credit
  13. For those who intend to apply to be included on the list of credit intermediaries operating in accordance with the Republic of Lithuania Law on Real Estate Related Credit
Last update: 03-11-2020