What it means to go through executive and ownership changes in a regulated fintech field?

How can fintechs adjust to the most recent regulatory changes to strengthen the supervisory function? Is a supervisory board becoming mandatory? What are the preconditions for operating with a one-tier board? Can shareholders effectively exercise supervision over the management team? What challenges do fintechs face when overcoming ownership and management changes?

At the live training “Governance, Auditing & Compliance: Essential Updates for Fintech Executives,” hosted by Fintech Hub LT, WALLESS Partner Joana Baublytė-Kulvietė broke down what needs to happen behind the scenes.

She shared practical guidance on one of the trickiest challenges fintechs face: leadership and ownership transitions, as well as effective governance structures. When regulators are involved, approval processes, governance matters, and clearly assigned responsibilities can’t be left to chance.

Joana’s message was clear: good governance isn’t just a box to tick – it’s what keeps a fintech stable, compliant, and ready to grow.