TGS Baltic advised Evernord on obtaining a category B licence of a financial brokerage firm

09.10.2020 TGS Baltic advised Evernord on obtaining a category B licence of a financial brokerage firm

We advised Evernord – an investment firm based in Vilnius, Lithuania – on obtaining a category B licence of a financial brokerage firm.

Evernord has been seeking this license for more than half a year and now the company can trade securities on behalf of clients, provide securities accounting and custody services. The company also plans to start providing accounting services for shares of private limited liability companies and funds.

Evernord became the fifth financial brokerage firm in Lithuania to have a category B licence.

TGS Baltic partners Vidmantas Drizga, Agnius Pilipavicius and associate Karolina Lapinskaitė assisted the client on all legal issues