LTH CB Dispute Resolution Procedure


On Mar. 1, LTH CB issued rules amending Res 03-23 on disputes.


  • LTH CB board issued Res 03-28 amending Res 03-23 of 2012 on approval of out-of- court dispute resolution procedure rules for consumers, financial market participants.
  • New wording of procedure attached; res 03-28 of Feb. 28, 2024 in force May 1, 2024.
  • Follows LTH CB Dec. 2021 issued out-of-court dispute resolution procedure #125283.
  • Document dated Mar. 1, 2024, received from LTH CB Mar. 4 and summarized on Mar. 7.

Regulators LTH CB
Entity Types Bank; CNSM
Reference Res 03-28, 2/28/2024; Res 03-23, 1/26/2012
Functions Complaints; Compliance; Financial; Legal; Operations
Countries Lithuania
Category
State
Products Banking
Regions EMEA
Rule Type Final
Rule Date 3/1/2024
Effective Date 5/1/2024
Rule Id 203437
Linked to Rule :125283
Reg. Last Update 3/1/2024
Report Section EU

Last substantive update on 03/07/2024