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Tuesday, June 6, 2023
HomeDeep DivesEP. 89 Building Bridges: How Lithuania is Supercharging its Ecosystem to fight...

EP. 89 Building Bridges: How Lithuania is Supercharging its Ecosystem to fight Fincrime – Eimantas Vytuvis Director at the AML CoE

“Financial crime prevention and anti-money laundering are critical issues for the banking industry, and it’s essential to have a collaborative approach between the central bank and other market players to combat these crimes effectively. As the director of the Lithuanian Center of Excellence in Anti-Money Laundering, Eimantas Vytuvis is at the forefront of this effort.

In our interview with Eimantas, we gained a rare and unique insight into how Lithuania is gearing up to fight financial criminals. With the increasing digitalization of the financial industry, the challenges posed by financial crime have become more complex than ever before. However, Eimantas highlights the role of the central bank in combating these challenges by enabling collaboration between market players and promoting the use of innovative technologies such as AI. E

imantas also discusses how the Lithuanian Center of Excellence in Anti-Money Laundering is working to develop and implement effective AML strategies that address emerging threats. Through training and education programs, the center is equipping professionals with the knowledge and tools needed to stay ahead of financial criminals. Overall, our interview with Eimantas underscores the importance of a collaborative approach between the central bank and other market players in fighting financial crime. As digitalization continues to reshape the financial industry, it’s vital to have strong partnerships and effective strategies in place to protect against financial crime and safeguard the integrity of the financial system.”

NFM Publishing Team
NFM Publishing Team
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