electronic money institutions (EMI) and payment institutions (PI)
- We are providing legal support to our clients during licensing of electronic money institutions (EMI) and payment institutions (PI) process, preparing necessary licensing documentation, helping with company incorporation, representing our clients in the supervising authority (Bank of Lithuania) during the licensing procedure, advising on other issues rising during licensing procedure.
Click here to get more information about general comparison of EMI and PI.
Click here to get more information about main requirements for obtaining the license of EMI and PI.
- After the Bank of Lithuania issues an EMI or PI license, we also offer compliance, regulatory reporting and legal services.
- We also assist clients in finding potential sellers of shares in companies licensed by the Bank of Lithuania as the EMI/PI and in successfully completing the acquisition transaction, including, but not limited to, notifying and communicating with the supervisory authority about the proposed acquisition.