Financial Services Regulatory

We are recognised for our strong financial services regulatory practice. We are the legal service provider of choice for many local and international banks and other financial service providers for regulatory advice related to the introduction of new services or reorganisation of activities. We also advise major financial institutions on regulatory aspects of M&A transactions.

COBALT offers the full range of regulatory services, including:

  • Licencing and registration of regulated financial institutions
  • Regulatory compliance
  • Regulatory due diligence 
  • Anti-money laundering compliance 
  • Representation of clients before financial service regulators
  • Handling of regulatory formalities in the acquisition of holdings in regulated financial instruments 
  • Drafting of financial institution and service policies and procedures
  • Representation of clients’ interests in legislative drafting
  • Advice on impact of directly applicable EU financial institutions and financial services legislation

Over the course of many years, we have developed a strong network with key institutions in the field, including local stock exchanges, financial supervision authorities, and other regulatory bodies. Our regulatory team regularly advises global and multinational financial institutions about the legal aspects of legal, regulatory and AML matters in relation to the cross-border provision of financial services in the Baltic States.

With the recent boom in non-banking consumer lending in the Baltics, COBALT’s legal team has developed first-hand experience in relevant regulation and compliance issues, including crowd funding, crowd lending and other innovative financing techniques.

Team

Lauris
Liepa

Managing Partner

Latvia

Dr Irmantas
Norkus

Managing Partner

Lithuania

Darya
Zhuk

Managing Partner

Belarus

Akvilė
Bosaitė

Partner

Lithuania

Elijus
Burgis

Partner

Lithuania

Ģirts
Lejiņš

Partner

Latvia

Dr Paulius
Markovas

Partner

Lithuania

Sandija
Novicka

Partner

Latvia

Kristel
Raidla-Talur

Partner

Estonia

Marina
Kotkas

Partner

Estonia

Eva
Suduiko

Associate partner

Lithuania

Dr. Indrek
Koolmeister

Legal Counsel

Estonia

Andrejs
Lielkalns

Specialist Counsel

Latvia

Edgars
Lodziņš

Specialist Counsel

Latvia

Dr Lina
Aleknaitė-van der Molen

Senior Associate

Lithuania

Mārtiņš
Aljēns

Senior Associate

Latvia

Aurelija
Balčiūnė

Senior Associate

Lithuania

Ivo
Cimdiņš

Senior Associate

Latvia

Monika
Koolmeister

Senior Associate

Estonia

Karl
Kull

Senior Associate

Estonia

Elīna
Ločmele

Senior Associate

Latvia

Justina
Milašauskienė

Senior Associate

Lithuania

Madis
Reppo

Senior Associate

Estonia

Mattias
Tammeaid

Senior Associate

Estonia

Inga
Tenisa

Senior Associate

Latvia

Justina
Aužbikavičienė

Associate

Lithuania

Sven
Böttcher

Associate

Estonia

Krišjānis
Bušs

Associate

Latvia

Viktorija
Dusajeva

Associate

Lithuania

Julija
Timoščenko

Associate

Lithuania

Peep
Vähi

Associate

Estonia

Sabīne
Vilka

Associate

Latvia

Vital
Kalyada

Of Counsel

Belarus

Edgars
Pastars

Of Counsel

Latvia

Jānis
Rūsis

Of Counsel

Latvia

Andra
Gavėdaitė

Assistant Lawyer

Lithuania

Julija
Kostomarova

Assistant Lawyer

Estonia

Johanna
Lumiste

Assistant Lawyer

Estonia

Christine
Mägi

Assistant Lawyer

Estonia

Meda
Komkaitė

Legal trainee

Lithuania

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