The Newcomer Programme helps potential financial market participants evaluate their opportunities in Lithuania and gives an insight on legislative and licensing requirements for businesses aiming to start their activities in the country.
Development of a FinTech-conducive regulatory and supervisory ecosystem as well as fostering of innovation in the financial sector is one of the Bank of Lithuania’s strategic directions. Together with other state authorities, the Bank of Lithuania aims at creating a FinTech-friendly environment that would attract new companies and encourage them to incubate new products in the country.
Following this direction, the Newcomer Programme is a one-stop shop for:
- Meetings and consultations with potential financial market participants
- Basic information about licensing and financial services opportunities in Lithuania
- Requesting meetings, consultations via email or phone on launching a business or a new product
- Checking whether your future plans are in line with legislative and licensing requirements