We advised Estonian payment service provider Wallester in submitting an application to the Estonian Financial Supervision and Resolution Authority (Estonian FSA) to provide services cross-border in all EU and EEA states. Unique business model Wallester has a unique business model, being a licensed white label VISA Card issuer and the payment provider specialising in offering transaction processing […]
News / Auksė Trapnauskaitė
Auksė Trapnauskaitė, one of the top experts in prevention of money laundering and terrorist financing in Lithuania, has joined our Finance & Insurance team. Augustas Klezys, partner, and head of the firm’s Finance & Insurance sector group, comments: “We have been looking for a highly qualified AML expert for some time, so we are very […]
We advised the Council of Europe Development Bank (CEB), the oldest European multilateral development bank with an exclusively social mandate, on providing funding to Kauno autobusai to purchase 100 new solo hybrid buses. High social and ecological impact of the project The project is expected to have a significant social impact by making public transport […]
We provided legal assistance and represented clients during civil proceedings for all three instances in Latvia of an aircraft accident in which a student pilot had passed away. Development of proceedings The case involved complex legal issues related to insurance and aviation. These laws are unclear regarding the insurance coverage and liability of air carriers […]
News
International Financial Law Review (IFLR) has once again named Sorainen the Baltic firm of the year. IFLR recognised our strong track record in advising on innovative international finance transactions last year. It is the eighth time we have received this award. Our firm’s integration in the Baltics and Belarus enables us to support our clients […]