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Legislation

30 Jun 2011

On 30 June 2011 the Law amending the Law on Financial Collateral Arrangements came in force. This law implemented the Directive 2009/44/EC amending Directive 98/26/EC on settlement finality in payment and securities settlement systems and Directive 2002/47/EC on financial collateral arrangements as regards linked systems and credit claims. In particular, the new law redefined derivative transactions, regulations on financial collateral arrangements as well as regulations on settlement arrangements. 

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Highlights

Fintech Account Restrictions, Frozen Funds and Digital Banking Disputes

31 May 2026

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

Multi-Jurisdictional Business Jet Sales Transactions

20 May 2026

The law firm acted as lead advisor in the multi-jurisdictional transaction involving the Bombardier Global XRS business jet

Cross-Border Refinancing of Boeing 737 Aircraft

15 May 2026

Šulija & Partners acted as Lithuanian local counsel in connection with a cross-border aviation ABS refinancing transaction involving two Boeing 737 aircraft

Legal Assistance for Frozen Accounts and Compliance Disputes

12 May 2026

Recent Regulatory and Practical Developments Relating to Fintech Account Restrictions, KYB Escalations and Customer Offboarding Practices

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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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