TGS Baltic advised Orion Securities, the largest non-banking financial brokerage company in Lithuania, on the introduction of a depository service

10.08.2021 TGS Baltic advised Orion Securities, the largest non-banking financial brokerage company in Lithuania, on the introduction of a depository service

We advised Orion Securities, Lithuania’s largest non-banking financial brokerage company, on the introduction of a depository service, which will be provided to investment funds and investment companies operating in Lithuania from 1 October.

This is the first case of providing a depository service where the service is provided not by a bank but by a brokerage firm.

Partner Agnius Pilipavičius and Senior Associate Karolina Lapinskaitė advised the client on all issues related to the structuring and introduction of the depository service.