Lithuania regulates AML/CTF through the Financial Crime Investigation Service and the Law on the Prevention of Money Laundering and Terrorist Financing. See the obligations and how MemberCheck supports them.
Last updated
Lithuania regulates AML/CTF through the Financial Crime Investigation Service (FCIS, or FNTT), the country's financial intelligence unit, which receives and analyses suspicious activity reports. The Law on the Prevention of Money Laundering and Terrorist Financing is the principal statute, and as an EU member state Lithuania transposes the EU Anti-Money Laundering Directives.
Obliged entities must assess their risk, apply customer due diligence on customers and beneficial owners, monitor transactions, and report suspicious activity to the FCIS. Compliance is examined by the Bank of Lithuania for financial market participants and by the FCIS for the non-financial obliged entities. Both expect a documented compliance framework, sound record-keeping, and ongoing staff training.
MemberCheck helps teams meet these obligations by screening customers and entities against global sanctions, PEP, and adverse-media data, verifying identities, and monitoring risk continuously, with a clear audit trail behind every decision.
The FCIS (FNTT) is Lithuania's financial intelligence unit and the AML/CTF supervisor for non-financial obliged entities. It receives and analyses suspicious activity reports and coordinates the investigation of financial crime.
The central bank supervises financial market participants, including banks, payment and electronic money institutions, and crypto-asset service providers, for AML/CTF compliance, issuing guidance, running inspections, and imposing penalties.
Lithuania's principal AML statute. It sets risk assessment, customer due diligence, record-keeping, and reporting duties for obliged entities.
As an EU member state, Lithuania transposes the EU Anti-Money Laundering Directives, aligning its regime with the wider European framework.
As a MONEYVAL member, Lithuania aligns its regime with international AML/CTF standards.
Supervision is split. The Bank of Lithuania supervises financial market participants, including banks, payment and electronic money institutions, and crypto-asset service providers, for AML/CTF compliance. The Financial Crime Investigation Service (FCIS/FNTT) supervises the non-financial obliged entities, such as accountants, notaries, estate agents, and company service providers, and is also Lithuania's financial intelligence unit for suspicious activity reports.
The Law on the Prevention of Money Laundering and Terrorist Financing is Lithuania's principal statute, setting risk assessment, customer due diligence, record-keeping, and reporting obligations.
Yes. As an EU member state, Lithuania transposes the EU Anti-Money Laundering Directives, and it is a member of MONEYVAL.
MemberCheck screens customers and entities against global sanctions, PEP, and adverse-media data, verifies identities, and monitors risk continuously, with an audit trail behind every decision.
Book a walkthrough with our compliance team and screen a real case in the first session.
