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Compliance by Country

Lithuania: onboarding obligations and AML controls

Align onboarding, sanctions screening, and case operations in Republic of Lithuania. AutoKYC unifies multi-provider KYC, KYB, and AML tooling with privacy-by-design audit trails and managed analyst services.

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Core regulatory expectations

Customer due diligence
The Law on the Prevention of Money Laundering and Terrorist Financing (No. VIII-275) and Bank of Lithuania guidance require risk-based customer identification, verification through national eID or equivalent, and screening of ultimate beneficial owners using the JANGIS register.
Politically exposed persons
Article 2(18) defines PEPs to include heads of state, ministers, MPs, Supreme Court judges, military leaders, and management of state-owned enterprises, along with immediate family members and close associates. Obliged entities must update risk assessments annually for domestic PEP relationships.
Record retention
Article 19 stipulates retention of customer identification data, account files, and transaction records for eight years after the business relationship ends, with a possible extension to ten years subject to Money Laundering Prevention Commission approval.

Sanctions and watchlist coverage

AutoKYC’s sanctions engine can orchestrate risk-based screening across primary authorities required in Lithuania.

How AutoKYC operationalises these controls

KYC Orchestration Platform

Design multi-provider identity journeys with regulator-approved remote identification, tiered fallbacks, and privacy-safe audit trails tailored to Lithuania.

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Sanctions & AML Monitoring

Screen against EU, UN, and domestic sanctions authorities with rules-based escalation, risk scoring, and immutable audit logs for Republic of Lithuania.

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Managed Onboarding & Case Ops

Delegate onboarding, periodic reviews, ODD/EDD, and escalation workflows to AutoKYC specialists operating from ISO 27001 certified facilities.

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Regulatory references

Maintain documented evidence for auditors and regulators. Link your policies to primary sources listed below.

Frequently asked questions

Use these answers to align product, compliance, and operations teams on local obligations.

Can Lithuanian fintechs rely on qualified electronic identification? #1
Yes, Lithuania recognises national eID and other eIDAS high-assurance schemes for onboarding, provided biometric evidence or equivalent assurance is stored.
How often must KYC reviews occur? #2
High-risk customers require at least annual reviews, while lower-risk segments follow the schedule defined in the institution’s internal AML policy approved by the Bank of Lithuania.
Are screening obligations outsourced? #3
Outsourcing is allowed, but obliged entities remain responsible and must evidence oversight of provider SLAs and escalation paths.