Financial Services & Regulatory
We work at the intersection of regulation and innovation, searching for ways to be compliant and prosperous at the same time.
Every product, transaction, or new market entry comes with its own regulatory complexity. We help financial institutions, including fintech players, cut through that complexity — securing approvals and licenses, shaping compliance, supporting product development, and advising on financing transactions. With growing supervisory demands, our clients rely on us to keep them compliant and protected.
Ranked by Chambers Europe, Legal 500, and IFLR1000 across Estonia, Latvia, and Lithuania for outstanding work in financial services regulation, we work closely with experts across the firm to ensure our advice reflects the full spectrum of legal, regulatory, and commercial considerations.
Areas of expertise
- Regulatory Change, Law-Making Initiatives in the Financial Services Industry
- Compliance and Risk Management, Including GDPR, the NIS Directive, and DORA
- Anti-Money Laundering Compliance, KYC Programmes, and Sanctions Compliance
- Regulatory Aspects of Group Reorganisations, Asset Transfers by Financial Institutions, and Other Regulated Transactions
- Development and Adaptation of Innovative Digital Products and Use of AI Solutions
- Court Proceedings Against Decisions by Regulatory Authorities
Experts in this field
- All
- Estonia
- Latvia
- Lithuania
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Vilius BernatonisLithuania -
Dalia AugaitėLithuania -
Inese HazenfusaLatvia -
Kirsti PentEstonia -
Marius BrasiūnasLithuania -
Žygimantas StankevičiusLithuania -
Evelina Tumakova-KuzmičLithuania -
Mantas GofmanasLithuania -
Rasa BlinstrubienėLithuania -
Sebastian OkinczycLithuania -
Lina MileškevičienėLithuania -
Karl KullEstonia -
Kedli AnveltEstonia -
Rūdolfs VilsonsLatvia -
Artis KļaviņšLatvia -
Harijs LielvārdsLatvia -
Ilga VaļkoLatvia -
Laura ĒrkšķeLatvia -
Mārtiņš GalzonsLatvia -
Olger KaelepEstonia -
Evelina SavickaitėLithuania -
Karīna Narņicka – ČumakovaLatvia -
Paulius BaronasLithuania -
Paulius LiškauskasLithuania -
Rainer Urmas MaineEstonia -
Rebeca LemberEstonia -
Enrika GudzevičiūtėLithuania -
Julija JakutytėLithuania -
Kajus PakėnasLithuania
No experts match selected filter.
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Deals & cases
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17.03.2026 | LithuaniaTesonet Global targets to increase its interest in Artea Bank
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04.03.2026 | Estonia, Latvia, LithuaniaTele2 and GCI completes the transaction to create the first pan-Baltic tower company
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08.01.2026 | LithuaniaZilch to acquire AB Fjord Bank
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03.12.2025 | LithuaniaVilniaus prekyba UAB completed the sale of the café chain Caif Cafe and Restoranas 12
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18.10.2025 | LithuaniaNala Renewables has secured three acquisition financing facilities from Luminor Bank AS
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13.10.2025 | LatviaLuminor, EBRD and Northern Investment Bank allocate EUR 92 million for wind farm development
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02.07.2025 | LithuaniaBLB Capital granted financial advisory firm licence
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25.06.2025 | LithuaniaFinpro LT 1 Bond issuance program up to EUR 10 million
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15.04.2025 | Estonia, Latvia, LithuaniaBonava EUR 397.6 M Senior Facility and SEK 960 M Green Bond Issuance
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20.01.2025 | LithuaniaLithuanian cross-border payments provider ArcaPay joins Ebury
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07.01.2025 | LithuaniaThe European Investment Bank secured additional €60 million in financing from Šiaulių bankas for the renovation of multi-apartment buildings in Lithuania
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02.01.2025 | LithuaniaNala Renewables, which acquired six solar power plants in Lithuania, borrowed €25 million from Luminor
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18.12.2024 | LithuaniaHeavyFinance started partnership with Multitude Bank
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16.12.2024 | LithuaniaLithuania and EIB team up in €100 million initiative for greener housing
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21.08.2024 | LithuaniaDelamode Baltics UAB received financing from ACP Credit
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23.04.2024 | LithuaniaAdvised Röntgen Asset Management (UAB Ketvirta Diena) on obtaining permission to operate as a management company of collective investment undertakings for informed investors
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12.03.2024 | LithuaniaTGS Baltic assisted Ignitis Group in signing a 105 million EUR long-term financing agreement with EIB
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01.03.2024 | LithuaniaTGS Baltic advised AB “Baltic Opportunity”, a company controlled by Lords LB Asset Management in the acquisition of 100% of the shares of UAB “Technopolis Ozas”
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13.02.2024 | LithuaniaTGS Baltic assisted European Investment Bank (EIB) on signing an agreement with Šiaulių Bankas to set up and manage a second EUR 200 million renovation fund.
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04.02.2024 | LithuaniaTGS Baltic team advised AIM Invest on successfully obtaining a category C financial brokerage company license
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16.11.2023 | LithuaniaTGS Baltic advised European Investment Bank (EIB) on signing a €25 milion agreement with Klaipėdos vanduo
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02.05.2023 | LithuaniaTGS Baltic advised Ignitis Group on EUR 225 million multi-option facility agreement with MUFG Bank
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30.12.2022 | LithuaniaBig win in court representing the largest Lithuanian capital bank Šiaulių bankas in three-year-long proceedings regarding the imposition of the biggest AML fine in the banking sector
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19.10.2022 | LithuaniaTGS Baltic successfully represented the largest Lithuanian capital bank Šiaulių bankas in a case against the fine imposed by the Bank of Lithuania
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20.05.2022 | LithuaniaTGS Baltic advised Civinity on the acquisition of the Inservis Group
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29.04.2022 | LithuaniaTGS Baltic represented EIB in signing an operational agreement with Šiaulių bankas for establishment and management of EUR 275 million renovation fund. It is the first fund of this type in Europe, intended for performance of a public function
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11.11.2021 | LithuaniaTGS Baltic successfully represented Šiaulių Bankas in a dispute with the Bank of Lithuania
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14.07.2021 | LithuaniaTGS Baltic advised a consortium of banks on approx EUR 265 million refinancing of Press Glass, a leading European producer of processed glass
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01.06.2021 | LithuaniaTGS Baltic advised Luminor Bank on arranging syndicated financing
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06.04.2021 | LithuaniaTGS Baltic advised Arcapay on obtaining a payment institution licence from the Bank of Lithuania
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06.01.2021 | LithuaniaTGS Baltic advised Luminor Bank on arranging syndicated financing
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31.12.2020 | LithuaniaTGS Baltic represented the European Investment Bank on signing an exclusive deal with Šiaulių bankas for the establishment and management of a EUR 200 million renovation fund
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09.10.2020 | LithuaniaTGS Baltic advised Evernord on obtaining a category B licence of a financial brokerage firm
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14.04.2020 | LatviaTGS Baltic provides support in the transaction for the supply of surgical face masks from the People’s Republic of China
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02.03.2020 | LatviaTGS Baltic assisted CVI on preparation and negotiation of a secured mezzanine bonds transaction
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12.01.2020 | LithuaniaTGS Baltic advised Šiaulių bankas on the acquisition of the retail loan portfolio of EUR 125 million
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21.10.2019 | LatviaTGS Baltic assisted Inspired, a leading global premium schools group, with entering into transaction with British schools group, King’s College.
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24.09.2019 | Estonia, Latvia, LithuaniaTGS Baltic assisted SIA Brain Games with the acquisition of Lithuania’s wholesaler and retailer of board games and toys UAB New Media Publishing
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29.08.2019 | LatviaTGS Baltic assisted Bergs Timber AB on a refinancing transaction
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17.04.2019 | LatviaTGS Baltic assisted with commencement of opening of the first Zara Home shop in Latvia
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16.04.2019 | LatviaTGS Baltic assisted with the opening of one of the largest malls in the Baltics – Akropole
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05.10.2018 | LatviaTEGOS provided legal assistance to the 51% majority shareholders of SIA S.B.C. in sale of their shares to the minority shareholder the Norwegian company Contiga Holding AS
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03.10.2018 | Estonia, Latvia, LithuaniaTGS Baltic advised Poland investment fund and fund manager CVI regarding “unitranche” funding to “Arsenal Industrial”
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06.03.2018 | LatviaTEGOS provided legal assistance to the University of Latvia regarding EUR 11.5 million loan agreement of the Council of Europe Development Bank
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13.02.2018 | LatviaTGS Baltic assisted BENU Aptieka Latvija SIA with acquisition of 100% of shares of SIA Pils zaļā aptieka
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23.08.2017 | LatviaTGS Baltic assisted HAVI Global Logistics GmbH with buy-out of the minority shareholder of HAVI Logistics SIA
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17.05.2017 | LatviaTGS Baltic ensured legal assistance to AS DNB bank group during take-over of the pledged assets over EUR 15 million in value
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31.03.2017 | LithuaniaTGS Baltic advised Valeant Pharmaceuticals International, Inc. on financing through credit facility and additional bond issue
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02.01.2017 | LithuaniaTGS Baltic advised the European Investment Bank (EIB) on the implementation of the fund of funds
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23.12.2016 | LithuaniaTGS Baltic advised the European Investment Bank (EIB) on the creation of the leveraged fund
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01.12.2016 | LithuaniaTGS Baltic advised UAB Šilutės vėjo projektai on revision of finance documents
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01.12.2016 | LithuaniaTGS Baltic is the legal advisor to the bankruptcy administrator of bank Snoras
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21.07.2016 | Estonia, Latvia, LithuaniaTGS Baltic successfully represents the investment brokerage firm Amenda Markets AS IBS
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20.07.2016 | LatviaTGS Baltic rendered legal assistance to Norvik Banka AS
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19.07.2016 | LithuaniaTGS Baltic has successfully advised AB INVL Technology
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30.06.2016 | LithuaniaTGS Baltic advised Mulga, UAB on extension of the loan facility
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06.06.2016 | LithuaniaEIB and Šiaulių bankas renew support for urban renewal in Lithuania
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10.05.2016 | LatviaTGS Baltic provided legal assistance to Skandinaviska Enskilda Banken AB (SEB)
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06.05.2016 | LatviaTGS Baltic provided legal assistance to SEB bank regarding a long-term syndicated loan
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31.03.2016 | Latvia, LithuaniaTGS Baltic advised Swedbank on its acquisition of Danske Bank’s personal banking business
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28.02.2016 | LithuaniaTEGOS advised Nordea Bank Finland Plc. on restructuring of the syndicated loan for OneMed
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17.12.2015 | LatviaTGS Baltic assisted Clear Channel International B.V.
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27.10.2015 | LatviaTGS Baltic advised BBG AS and Baltikums Bank AS
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25.09.2015 | LatviaCommunicorp sells the shares of Radio SWH to Cinamon Holding
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18.11.2014 | LatviaTGS Baltic succesfully represented Financial and Capital Market Commission on behalf of Republic of Latvia
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11.06.2014 | LithuaniaTGS Baltic as the sole legal advisor to 4energia, the largest Baltic wind farm developer
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01.01.2014 | LatviaAn Investor brings legal action against the Republic of Latvia in an international arbitration court
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01.01.2014 | LatviaA distressed assets manager litigates with a debtor – one of the largest pledgors in Latvia
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01.01.2014 | LatviaNordea Bank Finland plc Latvia branch considers financing of a large scale renewable energy production project in Latvia (postponed)
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22.03.2013 | Latvia, LithuaniaMalsena acquired Latvia’s leading flour producer from Lantmännen
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11.06.2010 | EstoniaAdvising Luminor as a creditor in a bankruptcy proceeding
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11.06.2010 | LithuaniaTGS Baltic provided detailed consultations to a Scandinavian capital bank
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Show more deals
News
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15.06.2026 | LithuaniaTEGOS receives Impact Deal Award at the IFLR Europe awards 2026
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28.05.2026 | Estonia, Latvia, LithuaniaA historic achievement across the Baltics: triple win at CEE Legal Matters Deal of the Year awards
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27.04.2026 | Estonia, Latvia, LithuaniaTEGOS | FinTech Lab: application closed
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