LTH PRL Collective Investment Entities


On Jul. 24, LTH PRL amended law on collective investment entities.


  • LTH PRL published Law XIV-2889 of Jul. 11, 2024 amending art 4 of Law IX-1709 on collective investment entities to allow these entities to provide cryptoasset services.
  • Follows LTH MoF Jul. 2024, regulatory changes for crypto sector, see #219861.
  • Effectiveness
  • The law will enter into force on Dec. 30, 2024.

Regulators LTH PRL
Entity Types HF; IA
Reference OG 2024-13498, 7/24/2024; Law XIV-2889, 7/11/2024; Law IX-1709; MiCA Reg 2023/1114; Fintech
Functions Legal; Operations; Product Design; Technology
Countries Lithuania
Category
State
Products Cryptocurrency; Fund Mgt; Wealth Mgt
Regions EMEA
Rule Type Final
Rule Date 7/24/2024
Effective Date 12/30/2024
Rule Id 220812
Linked to Rule :219861
Reg. Last Update 7/24/2024
Report Section EU

Last substantive update on 07/30/2024