Lithuania: Central Bank Joins GovTech Lab Project to Improve Mandatory Reporting Scheme

On July 16, 2019, the Bank of Lithuania announced that it is seeking an innovative solution to the mandatory reporting scheme, under which all participants in the Lithuanian financial market are obliged to submit necessary reports to the bank as the supervisory authority. 

The central bank invites all interested parties to submit ideas and questions necessary to find an appropriate technology-based solution, which will then be presented and discussed at a GovTech Lab workshop on July 24, 2019.

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