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Sectoral sanctions against Belarus: things to take note of

Sectoral sanctions against Belarus: things to take note of

Bank of Lithuania announces the financial market participant inspection plan for 2021

Bank of Lithuania launches consultation on improvement of reporting procedures

Fines on Paydoo Payments and BnP Finance, Guidelines on Risk Factors

Welcome remarks by V.Vasiliauskas at the Macroprudential Policy Conference

Bank of Lithuania has launched public consultation on Open Banking

Growing popularity of peer-to-peer lending platforms in consumer credit market

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Number of people late to repay payday loans continues to drop sharply

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For those unable to control urge to borrow — free protection

Changes in payday loan market — more responsible lending, fewer indebted

First signs of change in payday loan market

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Resolutions of the Board of the Bank of Lithuania

For multiple violations — UAB 4finance, using trademarks SMSCredit and Vivus, can no longer grant credit

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Bank of Lithuania: Without regulation being tightened, instant credit market issues will only increase in scale

The Bank of Lithuania proposes to tighten requirements for consumer credit drawers by way of a law

Regarding tendencies in the consumer credit market, the Bank of Lithuania will present to the Committee on Budget and Finance of the Seimas proposals to restrict activities of consumer credit drawers by way of a law.

Decisions of the Supervision Service of the Bank of Lithuania

Amendments to the Articles of Association of BALTO LINK agreed; Regulations of the investment fund ALGORITHMIC TRADING PORTFOLIO allowed to be approved; Permission to amend Regulations of two investment funds granted; Public list...