On Jul. 10, LTH CB issued resolution on consumer credit providers.
LTH CB published Resolution No 2026/03-85 of Jul. 9, 2026 amending the LTH CB Resolution No 03-248 of Dec. 6, 2012 on the Approval of the Rules on the Submission of Mandatory Information to the Bank of Lithuania by Consumer Credit Providers and Peer-to-Peer Lending Platform Operators.
Purpose
The Rules establish the content and procedure for submission of information to be submitted by consumer credit providers to LTH CB, and the procedure and methods for public disclosure of information on the consumer credit provision activities carried out.
The Rules apply to consumer credit providers who provide consumer credit for business purposes, with the exception of credit institutions, and peer-to-peer lending platforms.
The amendments concern the reporting forms used by obliged entities, the definition of the reporting periods and their ending, introduction of a new chapter II on procedures and deadlines to provide information, and the content required to complete the forms.
Effectiveness
The resolution enters into force on Nov. 20, 2026.
Regulators
LTH CB
Entity Types
Corp; MSB
Reference
OG 2026-11799, 7/10/2026; Res 2026/03-85, 7/9/2026; Res 03-248, 12/6/2012
