The Bank of Lithuania has opened a call for feedback from financial market participants and other stakeholders to review Lithuania’s financial market regulation, with a focus on whether national requirements, when combined with European Union rules, create excessive or unjustified administrative burdens. Stakeholders are asked to identify specific regulatory problems and submit proposals to improve Lithuanian rules in a way that maintains safe and reliable operations while supporting competitive conditions for establishment and activity. The central bank also invited concrete comparisons with regulation in other European Union countries that could serve as examples for Lithuania. Proposals, including supporting arguments and insights, are due by 10 March.
Bank of Lithuania 2025-01-30
Bank of Lithuania invites market participants to propose changes to national financial regulation to reduce disproportionate burdens
The Bank of Lithuania is soliciting feedback from financial market participants and stakeholders to assess whether national regulations, alongside European Union rules, impose excessive administrative burdens. Stakeholders are encouraged to identify specific regulatory issues and suggest improvements to enhance competitiveness while ensuring safe operations. Comparisons with regulations in other EU countries are also invited.