RegAlert2026-06-18
Added
Approval of Supervision Rules for Branches of Foreign Banks Licensed in Non-EU Member States
The Bank of Lithuania approves new supervision rules for branches of foreign banks licensed in non-EU member states, replacing the 2004 regulation effective January 11, 2027. The rules mandate specific internal governance, risk management, and accounting standards, including the maintenance of separate accounting registers for assets and liabilities within Lithuania. Supervision involves periodic reporting of financial data and ad hoc disclosures regarding deposit insurance, with filing frequencies determined by the branch's classification as either Class 1 (semi-annual) or Class 2 (annual). The Bank of Lithuania assesses systemic importance based on criteria such as size, complexity, market share, and interconnections with the EU financial system, while retaining the authority to request additional information or exempt compliant branches from certain parent company reporting if data is available from home-state supervisors.
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BOARD OF THE BANK OF LITHUANIA
DECISION
ON THE APPROVAL OF THE SUPERVISION RULES FOR BRANCHES OF FOREIGN BANKS, LICENSED IN NON-EUROPEAN UNION MEMBER STATES
June 18, 2026 No. 2026/03-72
Vilnius
Guided by Article 42(4)(1) of the Law on the Bank of Lithuania of the Republic of Lithuania, Article 77(5) and Article 77(6)(4) of the Law on Banks of the Republic of Lithuania, and implementing Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC, with the last amendments made by Directive (EU) 2024/1619 of the European Parliament and of the Council of 31 May 2024, the Board of the Bank of Lithuania d e c i d e s:
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Source: Lietuvos Bankas — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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