{
 "jurisdiction_id": "LT",
 "jurisdiction": "Lithuania",
 "url": "https://payments.gi/jurisdictions/lithuania/",
 "generator": "render_jid v13.3.0",
 "date_modified": "2026-08-11",
 "schema_version": "world-payments-v1",
 "counts": {
  "modules": 14,
  "sourced_findings": 53,
  "source_register": 94
 },
 "modules": [
  {
   "code": "W1a",
   "name": "Licensing, Authorisation & Market Access",
   "confidence": "Confirmed",
   "moved_this_cycle": true,
   "url": "https://payments.gi/jurisdictions/lithuania/#w1a-licensing-authorisation-market-access",
   "standing_position": "Lithuania operates a dual EMI/PI authorisation regime under the Bank of Lithuania, now supplemented by a completed MiCA CASP authorisation track that has fully replaced the former light-touch VASP registration model as of 1 January 2026.",
   "findings": [
    {
     "finding": null,
     "instrument_type": "Law on Electronic Money and Electronic Money Institutions",
     "source": "https://www.lb.lt/en/authorisation-of-electronic-money-institutions",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "prudential requirements",
     "source": "https://www.lb.lt/en/emi-prudential-requirements-and-ratios",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "Law on Payment Institutions",
     "source": "https://advapay.eu/emoney-and-payment-institution-licensing/e-money-institution-license-in-lithuania/",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "licence taxonomy",
     "source": "https://www.flagright.com/post/key-compliance-laws-in-lithuania-for-financial-institutions",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "W1b",
   "name": "Conduct, Safeguarding & Financial Promotions",
   "confidence": "Confirmed",
   "moved_this_cycle": true,
   "url": "https://payments.gi/jurisdictions/lithuania/#w1b-conduct-safeguarding-financial-promotions",
   "standing_position": "PSD3/PSR provisional agreement (27 Nov 2025) sets a migration path for Lithuanian EMIs/PIs into a unified 'payment institution authorised to issue e-money' category ahead of ~2027 entry into force; near-term operational obligations include a corporate-tax rise to 17%, in-country MLRO/risk/IT residency, and safeguarding diversification across at least two credit institutions.",
   "findings": [
    {
     "finding": null,
     "instrument_type": "safeguarding rules",
     "source": "https://www.lb.lt/en/faq/what-client-fund-safeguarding-requirements-apply-to-payment-or-e-money-institutions",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "safeguarding methods",
     "source": "https://www.lb.lt/en/emi-prudential-requirements-and-ratios",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "Resolution No 03-33 (amending Resolution No 247)",
     "source": "https://ecovis.lt/new-compliance-requirements-for-electronic-money-and-payment-institutions/",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "fit-and-proper / conduct",
     "source": "https://key2law.com/en/licences/emi-licences/lithuania",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "W2",
   "name": "Stablecoins & Digital Money",
   "confidence": "High",
   "moved_this_cycle": false,
   "url": "https://payments.gi/jurisdictions/lithuania/#w2-stablecoins-digital-money",
   "standing_position": "BoL is MiCA NCA for ART/EMT issuers and CASPs; ART/EMT requirements from 30 June 2024, MiCAR full from 30 Dec 2024; LT Law on Markets in Crypto-Assets in force 25 July 2024; EMT issuance restricted to authorised EMIs/credit institutions; CASP transition cut-off 1 Jan 2026.",
   "findings": [
    {
     "finding": null,
     "instrument_type": "MiCA / Law on Crypto-Asset Markets",
     "source": "https://www.lb.lt/en/markets-in-crypto-assets",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "Law on Markets in Crypto-Assets",
     "source": "https://www.globallegalinsights.com/practice-areas/blockchain-cryptocurrency-laws-and-regulations/lithuania/",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "MiCA Art. 48 EMT issuance",
     "source": "https://gofaizen-sherle.com/emi-license/lithuania",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "transition deadline",
     "source": "https://tet.lt/mica-license-in-lithuania/",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "W3",
   "name": "Operational Resilience & Critical Infrastructure",
   "confidence": "Confirmed",
   "moved_this_cycle": false,
   "url": "https://payments.gi/jurisdictions/lithuania/#w3-operational-resilience-critical-infrastructure",
   "standing_position": "Operational resilience is governed by DORA (Regulation (EU) 2022/2554), directly applicable since 17 January 2025, supervised by the Bank of Lithuania as integrated financial supervisor across banks, insurers, EMIs/PIs and investment firms. Obligations cover ICT risk management, major-incident reporting (4h/72h/1-month), resilience testing, ICT third-party oversight and a Register of Information. Lithuania operates the REGATA system for JSON-format incident reporting.",
   "findings": [
    {
     "finding": null,
     "instrument_type": "DORA (Regulation (EU) 2022/2554)",
     "source": "https://www.lb.lt/en/digital-operational-resilience-act-dora",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "DORA supervision / REGATA",
     "source": "https://vendorica.com/supervisory/national-authorities/bank-of-lithuania/",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "DORA implementation",
     "source": "https://www.baltictimes.com/dora_in_the_baltics__what_financial_entities_in_estonia__latvia___lithuania_must_know/",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "W4",
   "name": "Scheme & Network Compliance",
   "confidence": "Confirmed",
   "moved_this_cycle": false,
   "url": "https://payments.gi/jurisdictions/lithuania/#w4-scheme-network-compliance",
   "standing_position": "Card-scheme compliance follows the EU Interchange Fee Regulation (EU) 2015/751, capping interchange at 0.2% for debit and 0.3% for consumer credit card transactions; Lithuania is among Member States not permitting surcharging on fee-regulated cards. Visa/Mastercard publish Lithuania intra-location interchange schedules; PCI DSS and scheme rulebooks apply. Instant rails are mandated by the EU Instant Payments Regulation (EU) 2024/886, with Verification of Payee in force.",
   "findings": [
    {
     "finding": null,
     "instrument_type": "Interchange Fee Regulation (EU) 2015/751",
     "source": "https://eur-lex.europa.eu/eli/reg/2015/751/oj/eng",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "surcharging regime",
     "source": "https://www.swlaw.edu/sites/default/files/2025-08/Article%205%20-%20Vihuto.pdf",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "scheme interchange schedule",
     "source": "https://www.mastercard.com/europe/en/business/support/merchant-interchange-rates.html",
     "source_url": null,
     "source_tier": "2",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "Instant Payments Regulation (EU) 2024/886",
     "source": "https://crassula.io/guides/licenses/lithuania-pi/",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "W5",
   "name": "Payment Corridor Dynamics",
   "confidence": "Confirmed",
   "moved_this_cycle": false,
   "url": "https://payments.gi/jurisdictions/lithuania/#w5-payment-corridor-dynamics",
   "standing_position": "Lithuania's defining cross-border infrastructure is CENTROlink, the Bank of Lithuania's payment system giving EEA-licensed PSPs (including non-bank EMIs/PIs) direct access to SEPA Credit Transfer, SEPA Instant, TARGET2 and SWIFT, bypassing commercial correspondent banks. The corridor focus is EU/EEA SEPA euro flows, with remittance and cross-border PSPs (TransferGo, Wise, Paysera) serving Nordic, Western and Southern European corridors.",
   "findings": [
    {
     "finding": null,
     "instrument_type": "CENTROlink payment system",
     "source": "https://www.lb.lt/en/centrolink",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "instant settlement / TIPS",
     "source": "https://www.lb.lt/en/news/centrolink-is-expanding-its-instant-payment-services",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "throughput metrics",
     "source": "https://blog.voveid.com/lithuania-emi-pi-compliance-2026/",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "remittance corridors",
     "source": "https://stripe.com/resources/more/payments-in-lithuania",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "W6",
   "name": "Industry Structure & Commercial Dynamics",
   "confidence": "High",
   "moved_this_cycle": false,
   "url": "https://payments.gi/jurisdictions/lithuania/#w6-industry-structure-commercial-dynamics",
   "standing_position": "Lithuania is the EU's largest EMI/PI hub by licence count (second only to the UK in Europe), hosting 280+ fintech companies serving ~30 million clients across Europe, the majority being Revolut users. The market has matured from a 2016-2021 licensing boom (12 to 87 EMIs) into consolidation, with the number of active EMIs declining to ~76 in 2024 and growth now driven by scaling incumbents rather than new entrants. Paysera is the largest domestic EMI; major foreign players include Revolut, SumUp, Payhawk and Airwallex.",
   "findings": [
    {
     "finding": null,
     "instrument_type": "market structure",
     "source": "https://thepaypers.com/fintech/interviews/lithuanias-fintech-evolution-from-licencing-boom-to-strategic-scaleup",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "sector consolidation",
     "source": "https://thebanks.eu/articles/e-money-institutions-in-the-fintech-ecosystem-of-Lithuania",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "market leaders",
     "source": "https://www.paysera.com/v2/en-GB/blog/fintech-story",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "embedded-finance trend",
     "source": "https://thepaypers.com/fintech/interviews/inside-lithuanias-fintech-rise-how-to-build-an-ecosystem",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "W7",
   "name": "Legal & Litigation",
   "confidence": "Confirmed",
   "moved_this_cycle": false,
   "url": "https://payments.gi/jurisdictions/lithuania/#w7-legal-litigation",
   "standing_position": "AML/CFT failings are the dominant driver of LT EMI licence revocations: Transactive Systems UAB (EUR 280k fine + revocation), PAYRNET (insolvency, EUR 7m irrecoverable intra-group payment, criminal referral), Eurojust-coordinated ~EUR 2bn laundering case.",
   "findings": [
    {
     "finding": null,
     "instrument_type": "enforcement action",
     "source": "https://www.lb.lt/en/news/transactive-systems-uab-faces-fine-and-licence-revocation",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "licence revocation",
     "source": "https://www.lb.lt/en/news/licence-of-uab-payrnet-revoked-for-serious-violations-bankruptcy-proceedings-to-be-initiated",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "criminal / Eurojust case",
     "source": "https://resources.fenergo.com/blogs/scandal-as-a-service-aml-lessons-from-lithuania-s-2-billion-case",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "enforcement measure",
     "source": "https://www.lb.lt/en/news/bank-of-lithuania-urges-electronic-money-and-payment-institutions-to-comply-with-capital-requirements",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "W8",
   "name": "Merchant Acquiring & Risk",
   "confidence": "High",
   "moved_this_cycle": false,
   "url": "https://payments.gi/jurisdictions/lithuania/#w8-merchant-acquiring-risk",
   "standing_position": "Merchant acquiring sits within the PSD2 Annex I service catalogue (acquiring is a licensable PI/EMI service) and the EU Interchange Fee Regulation governs merchant service charge transparency, including individually-specified MSC components and prohibition of Honour-All-Cards distortions. Chargeback/dispute mechanics are scheme-driven (Visa/Mastercard rulebooks); high-risk merchant treatment and onboarding risk are embedded in AML/CDD obligations supervised by the Bank of Lithuania.",
   "findings": [
    {
     "finding": null,
     "instrument_type": "IFR merchant-charge transparency",
     "source": "https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32015R0751",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "PSD2 Annex I acquiring",
     "source": "https://crassula.io/guides/licenses/lithuania-pi/",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "chargeback/dispute mechanics",
     "source": "https://www.adyen.com/knowledge-hub/interchange-fees-explained",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "W9",
   "name": "Product Innovation & Market Development",
   "confidence": "Confirmed",
   "moved_this_cycle": false,
   "url": "https://payments.gi/jurisdictions/lithuania/#w9-product-innovation-market-development",
   "standing_position": "The Bank of Lithuania actively fosters innovation via its award-winning Newcomer Programme (one-stop pre-application consultation), a regulatory sandbox (live-environment testing up to 6 months, extendable to 12), the LBChain blockchain sandbox, an AI sandbox, and open-banking promotion under PSD2. Lithuania was an early SCT Inst adopter and the ecosystem is layering newer controls (Verification of Payee, IBAN-name check) ahead of PSD3/PSR.",
   "findings": [
    {
     "finding": null,
     "instrument_type": "regulatory sandbox",
     "source": "https://www.lb.lt/en/regulatory-sandbox",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "Newcomer Programme",
     "source": "https://www.lb.lt/en/newcomer-programme",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "LBChain / sandboxes",
     "source": "https://www.govilnius.lt/investment-business/fintech-",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "open banking / AI sandbox",
     "source": "https://noda.live/articles/open-banking-in-lithuania",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "W10",
   "name": "Consumer Protection & APP Fraud",
   "confidence": "Confirmed",
   "moved_this_cycle": false,
   "url": "https://payments.gi/jurisdictions/lithuania/#w10-consumer-protection-app-fraud",
   "standing_position": "The Bank of Lithuania acts as the out-of-court dispute resolution body for consumer disputes with financial market participants: consumers must first complain to the provider (15-working-day reply), then may apply to the Bank within one year; its decisions are recommendatory. Payment services dominate complaints (62%), with EMIs at 23% of complaints. The Bank applies a risk-based complaint-handling model and has pushed fraud-prevention obligations on EMIs/PIs; EU-level APP-fraud/IBAN-name-check duties arrive via the Instant Payments Regulation and PSD3/PSR.",
   "findings": [
    {
     "finding": null,
     "instrument_type": "out-of-court dispute resolution",
     "source": "https://www.lb.lt/en/disputes-between-consumers-and-financial-market-participants",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "complaint/dispute procedure",
     "source": "http://www.draudikai.lt/en/useful-information/complaints-procedure",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "complaint statistics",
     "source": "https://www.vixio.com/insights/pc-complaints-about-payment-services-drop-sharply-lithuania-according-central",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "fraud-prevention supervisory expectation",
     "source": "https://www.lb.lt/en/news/bank-of-lithuania-financial-service-providers-must-recognise-fraud-and-apply-measures-to-prevent-it",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "W11",
   "name": "AML/CFT & Financial Crime",
   "confidence": "Assessed",
   "moved_this_cycle": false,
   "url": "https://payments.gi/jurisdictions/lithuania/#w11-aml-cft-financial-crime",
   "standing_position": "sentinel: Lithuania's AML/CFT regime rests on the Law on the Prevention of Money Laundering and Terrorist Financing (LPMLTF), transposing EU AML directives. The Bank of Lithuania supervises AML measures of financial institutions; the Financial Crime Investigation Service (FNTT/FCIS) is the FIU receiving STRs. The 2024 Third National Risk Assessment flagged crypto operators and EMI/PI as very-high-risk sectors. Payments-context position carried per Sentinel feed; no original AML analysis performed.",
   "findings": [
    {
     "finding": null,
     "instrument_type": "AML information-sharing amendment",
     "source": "sentinel:https://salv.com/blog/lithuania-removes-information-sharing-blocks-for-banks-and-fintechs/",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": "Lithuania applies the EU AML/CFT acquis (AMLD transposition, forthcoming AMLR/6AMLD) via the Law on Prevention of Money Laundering and Terrorist Financing, supervised by the Financial Crime Investigation Service (FNTT/FCIS) and the Bank of Lithuania for financial/EMI/crypto obliged entities. A fast-growing EMI and VASP licensing hub has produced recurring supervisory failures alongside genuine enforcement escalation and EU-funded institutional reform.",
     "instrument_type": "assessment",
     "source": "FIM (sentinel.gi) per-JID baseline profile — Lithuania",
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": "Gap: legal-gap",
     "instrument_type": "gap",
     "source": "FIM (sentinel.gi) gaps_register_cumulative (issue FIM-BASE-GAP-001)",
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": "Gap: regulatory-failure",
     "instrument_type": "gap",
     "source": "FIM (sentinel.gi) gaps_register_cumulative (issue FIM-BASE-GAP-003)",
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "W12",
   "name": "Correspondent Banking, Settlement & Access",
   "confidence": "Confirmed",
   "moved_this_cycle": false,
   "url": "https://payments.gi/jurisdictions/lithuania/#w12-correspondent-banking-settlement-access",
   "standing_position": "CENTROlink provides EEA-licensed non-bank EMIs/PIs direct SEPA/SEPA Instant/TARGET2/SWIFT access via technical agreement with the Bank of Lithuania, bypassing commercial correspondents at sub-commercial fees; access gated by KYC/reputation assessment; safeguarding-bank de-risking is the offsetting constraint.",
   "findings": [
    {
     "finding": null,
     "instrument_type": "central-bank settlement access",
     "source": "https://www.lb.lt/en/centrolink",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "correspondent-bank bypass",
     "source": "https://crassula.io/guides/licenses/lithuania-pi/",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "access gatekeeping",
     "source": "https://www.lb.lt/en/news/centrolink-is-expanding-its-instant-payment-services",
     "source_url": null,
     "source_tier": "1",
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": "safeguarding-bank de-risking",
     "source": "https://www.financiallicensemarket.com/blog/lithuanian-emi-license-complete-guide-2026",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "W13",
   "name": "Commercial Intelligence & Fintech",
   "confidence": "Assessed",
   "moved_this_cycle": true,
   "url": "https://payments.gi/jurisdictions/lithuania/#w13-commercial-intelligence-fintech",
   "standing_position": "Trailing-12m LT commercial activity centred on inbound acquisitions of LT-licensed assets and MiCA-entry licensing: Checkout.com/Blue EMI; Ebury/ArcaPay; Robinhood Europe UAB first CASP licence; DriveWealth licensed; Revolut mortgages.",
   "findings": [
    {
     "finding": null,
     "instrument_type": "commercial_event",
     "source": "https://investlithuania.com/fintech-overview-2026/",
     "source_url": null,
     "source_tier": "3",
     "retrieved_at": null
    },
    {
     "finding": null,
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