Administrative Agreement Concluded with the Bank of Lithuania

UAB Urbo Bankas („Bank“), company code 112027077, address: Konstitucijos pr.18B, Vilnius. The Bank of Lithuania (BL) conducted a targeted scheduled inspection to assess the Bank’s compliance with anti-money laundering and counter-terrorist financing (AML/CTF) prevention requirements. The inspection revealed violations and deficiencies. The Bank acknowledged the identified violations, submitted a remediation plan, and committed to addressing all legal violations and operational shortcomings identified during ...