HomeTagsRisk Management Bank of Lithuania

Tag: Risk Management Bank of Lithuania

Banking

Contis hit with €840,000 fine by Bank of Lithuania

Contis, part of German BaaS fintech Solaris, fined €840,000 by the Bank of Lithuania. Delegated anti-money laundering (AML) measures to distributors without proper...

Banking

TransferGo hit with €310,000 fine from Bank of Lithuania for AML failings

Electronic money institution UAB TransferGo Lithuania has been fined €310,000 by the Bank of Lithuania for violating anti-money laundering and counter-terrorist financing laws. Facts UAB...