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Legislation

8 Jun 2011

On 7 June 2011 the Law on the Temporary Agency Work was officially published. Except some provisions, the Law will come in force on 1 December 2011. This Law has implemented the Directive 2008/104/EC of the European Parliament and the Council of 19 November 2008 on temporary agency work in Lithuania. The Law applies to workers with employment relationship with a temporary work agency who are assigned to user undertakings to work temporarily under this supervision and direction. 

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Highlights

Fintech Account Restrictions, Frozen Funds and Digital Banking Disputes

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Unexpected account restrictions, frozen funds, payment blocks and customer offboarding decisions by financial institutions can have serious consequences for both individuals and businesses

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Šulija Partners Law Firm Vilnius, registered office Jogailos street 11, Vilnius, LT-01116, Lithuania, fax +370 52051926, e-mail: info@SulijaPartners.com

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