In Lithuania, state funds are being channelled to support businesses through the Lithuanian state company INVEGA, which has announced a list of measures in three main areas. Guarantees Portfolio guarantees for loans 2 (PGP2) and leasing 2, and export credit Available to small, medium-sized and large enterprises, if one of the following conditions is met: […]
INVEGA has announced a list of new or improved measures aimed at distributing state support to business. This package of measures will help companies address the liquidity and financial challenges posed by COVID-19. More than EUR 1.1 billion will be distributed through these measures. “Vacation” from business loans: Improved measure The improved measure will be […]
Publication / Augustas Klezys, Laura Matukaitytė, Liutauras Vasiliauskas
The fast-spreading coronavirus (COVID-19) is raising many questions and concerns among financial institutions. Our international COVID-19 Task Force, including financial sector experts, is at your disposal, should you need advice in any legal issues you are facing. Below are some tips to help make decisions in a quickly changing situation. Material contracts and key business […]
Publication / Karin Madisson, Liisa-Maria Puur, Häli Sokk, Nele Suurmets, Dr Mari Agarmaa, Vladislav Leiri, Gerda Jokubauskaitė, Jurgita Nikita, Jonas Kiauleikis, Liutauras Vasiliauskas, Agnietė Venckienė, Aurelija Daubaraitė, Jurgita Tekorienė, Laura Matukaitytė, Tatsiana Zubarava, Alesia Khadasevich, Aliaksei Daryin, Ann Laevskaya, Artem Melnikovich, Alexey Anischenko, Alexey Fidek, , Maksim Salahub, Maria Rodich, Oliver Ämarik, Dr Carri Ginter, Paul Künnap, Toms Kārlis Broks, Edvīns Draba, Zanda Frišfelde, Valts Nerets, Krista Niklase, Raivo Raudzeps, Augustas Klezys, Algirdas Pekšys
Doing Business 2020 is the 17th in a series of annual studies investigating the regulations that enhance business activity and those that constrain it. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 190 economies— from Afghanistan to Zimbabwe—and over time. Full report available here.
Publication / Augustas Klezys, Laura Matukaitytė, Dalia Augaitė, Liutauras Vasiliauskas
On 17 October 2019, the Bank of Lithuania released Guidelines on Securities Token Offerings. The primary goal of the Guidelines is to provide clarity regarding the legislation on tokens that have features of securities. The Guidelines lay out the neutrality regulation policy exercised by the Bank of Lithuania in regard to technology, meaning that regardless […]
