New top management & growth of compliance team

  • Wallter appoints a new internal auditor and new top management, CCO and Country manager, who starts a company-wide renewal and systematic compliance revision.
  • Compliance department continues to grow from 7 professionals in January to 18 people in June, with a confirmed target to reach 25 employees by the end of 2021 – a new head of risk management department is appointed in March 2021.
  • The Board approves The Open source check and Retrospective transaction monitoring policies which define procedures on the usage of external open source data for clients’ risks assessment and monitoring transactions retrospectively, also evaluating client risks.
  • The Bank of Lithuania publishes a market report, showing Wallter as 3rd largest EMI in Lithuania with an 8.3% market share of the total income of all 80 EMI licensed in the country.