Untangling grey zones: AML and sanctions disputes in Lithuanian courts

Where do AML, sanctions, compliance, and client rights meet in court? As anti-money laundering and international sanctions requirements continue to tighten, financial institutions are increasingly required to make complex judgement calls. Often in situations where the risk is not black and white. 

When is there enough risk to terminate a client relationship? How much information must be disclosed to the client? And where should the line be drawn between regulatory obligations and legitimate client interests? 

In the latest episode of “Verslo tribūna” by Verslo žinios, WALLESS Partners Simona Vosylienė and Tomas Balčiūnas discuss how emerging court practice is shaping decisions on client relationship termination, disclosure duties, damage claims and sanctions-related risk assessments. 

Listen to the conversation to hear their take on the grey areas financial institutions face today, and the questions courts will likely continue to answer in the years ahead (in Lithuanian) here: https://shorturl.at/rcKtP