Applied measures for breaches of the AML-CFT law 2023
| Date | Entity subject to an impack measure (name) | Type | Violations of legislation | Impact measures | Information on complaints about sanctions measures |
| 2023-02-02 | UAB „Magistratus“ | Company service provider | Breaches of the requirements laid down in Article 9 point (1-1), (14), (15) and (18), Article 10 point (1) and (6), Article 11 point (1), Article 12 point (2), (3), and (5), Article 19 point (10), Article 29 point (2) of the AML-CFT law. | Fine | |
| 2023-02-02 | Company service provider | Breaches of the requirements laid down in Article 9 point (14), (15) and (18), Article 14 point (1-5), (5), Article 22 point (1) and (2), Article 29 point (1-1,2,3), (2) of the AML-CFT law. | Fine | ||
| 2023-02-14 | UAB „BXChange“ | Operator of virtual currency exchanges and depository virtual currency wallets | Breaches of the requirements laid down in Article 9 point (1), (12), (17) and (23), Article 11 point (1-4b), Article 14 point (1-2,4,5) and point (10), Article 19 point (7), Article 20 point (31), Article 22 point (1) and (2), Article 29 point (4) of the AML-CFT law. | Fine | |
| 2023-02-22 | UAB „Kaiser Exchange International“ | Operator of virtual currency exchanges | Breaches of the requirements laid down in Article 9 point (1), (12), (15), (16) and (18), Article 11 point (1) and (3), Article 14 point (3-1) and point (5-1), Article 16 point (2), Article 22 point (1), Article 29 point (1-1) of the AML-CFT law. Point 31 of the FCIS order No. V-5 on instructions for virtual currency exchange operators and custodian virtual currency wallet operators. | Fine | |
| 2023-02-23 | UAB „Entara“ | Operator of virtual currency exchanges | Breaches of the requirements laid down in Article 9 point (1-6), (12), (13), (14), (15), (16) and (18), Article 11 point (3-1), Article 12 point (1) and (6), Article 14 point (41), Article 16 point (1) and (2), Article 17 point (1) and (2), Article 19 point (1), (61), (7), (8), (9) and (10), Article 22 point (2), Article 29 point (1-4) and (2) of the AML-CFT law. | Fine | |
| 2023-02-24 | UAB „Spectro Finance“ | Operator of virtual currency exchanges and depository virtual currency wallets | Breaches of the requirements laid down in Article 14 point (5-1,2), Article 29 point (2) of the AML-CFT law. Points 5.1, 5.2 and 6 of the FCIS order V-129 on the rules of for processing of the registration book for monetary operations, transactions and customers registration. | Warning | |
| 2023-02-24 | UAB „Stirdena“ | Operator of virtual currency exchanges and depository virtual currency wallets | Breaches of the requirements laid down in Article 7 point (1), Article 32 point (1-1,2) of the AML-CFT law. | Fine | |
| 2023-04-25 | UAB „Uno“ | Real Estate Broker | Breaches of the requirements laid down in Article 9 point (3), Article 10, Article 19 point (3), Article 20 point (3), Article 22 point (1), Article 29 point (1) of the AML-CFT law. | Warning | |
| 2023-05-09 | UAB „Hodleris“ | Operator of virtual currency exchanges and depository virtual currency wallets | Breaches of the requirements laid down in Article 9 point (12), (14), (15), (16) and (18), Article 11 point (1), Article 22 point (1), Article 29 point (1-1,3,8) of the AML-CFT law. | Fine | Complaint made |
| 2023-05-17 | Operator of virtual currency exchanges and depository virtual currency wallets | Breaches of the requirements laid down in Article 9 point (14) and (16), Article 11 point (1-4), Article 14 point (41) and (5) of the AML-CFT law. | Fine | ||
| 2023-06-08 | UAB „Katren CD“ | Operator of virtual currency exchanges and depository virtual currency wallets | Breaches of the requirements laid down in Article 9 point (1-1), point (12), (13), (14), (15), (16), (17) and (18), Article 11 point (1) and (3), Article 11 point (3-1), Article 12 point (1) and (6), Article 14 point (41 ) and (5), Article 19 point (1),( 61 ), (7), (8), (9) and (10), Article 22 point (2), Article 29 point (1-4) and (2) of the AML-CFT law. | Fine | |
| 2023-07-04 | Operator of virtual currency exchanges and depository virtual currency wallets | Breaches of the requirements laid down in Article 9 point (12), point (14–18), Article 11 point (1), point (3-1), Article 14 point (5-3), Article 17 point (1) and (2), Article 19 point (1), Article 20 point (31 ) and Article 29 point (1-8) of the AML-CFT law. | Fine | ||
| 2023-07-17 | UAB „Bitgron“ | Operator of virtual currency exchanges and depository virtual currency wallets | Breaches of the requirements laid down in Article 9 point (12), (14), (15), (16), (17) and (18), Article 11 point (1), Article 14 point (5), Article 16 point (2), Article 19 point (8), Article 22 point (1) and (2), Article 29 point (1-1, 3, 4, 8) of the AML-CFT law. | Warning | |
| 2023-07-26 | UAB „Startesa“ | Company service provider | Breaches of the requirements laid down in Article 9 point (12) and (15), Article 10 point (6-6), Article 14 point (1- 2, 3, 4), point (41), point (5), point (10), Article 19 point (10) and (11), Article 22 point (1) and (2), Article 29 point (1-2,4), point (2) of the AML-CFT law. | Fine | |
| 2023-08-01 | UAB „Armobilis“ | Company service provider | Breaches of the requirements laid down in Article 9 point (3), (12), (15) and (18), Article 10 point (6, 3–6), Article 19 point (3) and (10), Article 20 point (3) and (5), Article 22 point (1) and (2), Article 29 point (1) and (2) of the AML-CFT law. | Fine | |
| 2023-08-01 | UAB „Francera“ | Company service provider | Breaches of the requirements laid down in Article 9 point (3), (12), (13), (14), (15), (16) and (18), Article 10 point (1), (2), (3) and (6), Article 12 point (1) and (2), Article 19 point (1), (3) and (8), Article 20 point (3) and (5), Article 22 point (1) and (2), Article 29 point (1) of the AML-CFT law. | Fine | |
| 2023-09-05 | UAB „Baltas aljansas“ | Company service provider | Breaches of the requirements laid down in Article 9 point (3), (12), (15) and (18), Article 10 point (6, 3–6), Article 19 point (3) and (10), Article 20 point (3) and (5), Article 22 point (1) and (2), Article 29 point (1) and 2 of the AML-CFT law. | Fine | |
| 2023-09-18 | UAB „Exmo Exchange“ | Operator of virtual currency exchanges and depository virtual currency wallets | Breaches of the requirements laid down in Article 9 point (1), (12), (14), (15), (16), (17) and (23), Article 10 point (1) and (6-1), Article 11 point (1- 4 b) and (3), Article 14 point (1-2,5), (3) and (5), Article 29 point (1-1,2,3,4,8,9) and (3-1) of the AML-CFT law. | Fine | |
| 2023-09-28 | UAB „Mirhax Group“ | Operator of virtual currency exchanges and depository virtual currency wallets | Breaches of the requirements laid down in Article 19 point (61), Article 20 point (31), Article 22 point (1), Article 29 point (1), Article 7 point (1), Article 32 point (1- 1, 4) of the AML-CFT law. | Fine | |
| 2023-10-18 | UAB „Rebaltic“ | Real Estate Broker | Breaches of the requirements laid down in Article 9 point (1-1), (12), (13) and (15), Article 10 point (6-5,6), Article 22 point (1) and (2), Article 29 point (1) and (2) of the AML-CFT law | Fine | |
| 2023-11-06 | UAB „Cryppo“ | Operator of virtual currency exchanges and depository virtual currency wallets | Breaches of the requirements laid down in Article 9 point (1), (12), (14), (15), (16), (17) and (18), Article 11 point (1) and (3), Article 12 point (1), (3) and (5), Article 14 point (5) d, Article 19 point (6¹) and (8), Article 22 point (1) and (2), Article 29 point (1-1, 3, 4, 8) of the AML-CFT law | Fine | |
| 2023-11-06 | UAB „Segvita“ | Company service provider | Breaches of the requirements laid down in Article 9 point (3), Article (11), Article 9 point (12), (14), (15), (16) and (18), Article 14 point (5) and (10), Article 19 point (3), Article 20 point (3) and (5), Article 22 point (1) and (2), Article 29 point (1) of the AML-CFT law | Fine | |
| 2023-11-27 | UAB „New Capital LT“ | Real Estate Broker | Breaches of the requirements laid down in Article 9 point (17) and (23), Article 14 point (1- 4, 5), Article 19 point (7), Article 20 point (31 ), Article 22 point (1) and (2) of the AML-CFT law | Fine | |
| 2023-12-15 | Operator of virtual currency exchanges and depository virtual currency wallets | Breaches of the requirements laid down in Article 9 point (1), (12), (14), (16) and (17), Article 10 point (1), Article 11 point (3-1), Article 14 point (3), (41) and (5), Article 16 point (2), Article 29 point (2) of the AML-CFT law | Fine |
The decision may be appealed to the Vilnius Regional Administrative Court in accordance with the procedure laid down by the Law on Administrative Proceedings of the Republic of Lithuania within one month of receipt of the decision. An appeal to court shall not suspend the enforcement of a decision, except for a decision to impose the penalties laid down in this Lawn and a decision to withdraw a licence or authorisation to pursue activities, where such a decision has been adopted by the supervisory authority other than the body that issued the licence or authorisation to pursue activities to another obliged entity.
Last updated: 26-04-2024