WALLESS Weekly Review
Please note that the review is in Lithuanian.
On January 10, 2020, the Law amending Lithuanian Law on the Prevention of Money Laundering and Terrorist Financing came into effect implementing the 5th AML Directive and bringing some important changes.
As these changes are already in force, it is crucial to assess if and how they affect your business and take necessary actions. WALLESS team summarized the most important changes relevant to the financial markets participants.
The full summary can be found here.