EP778: How FinTechs need to balance necessary regulation with the freedom to innovate

Justinas Jarusevicius, Partner, Motieka Law Firm

Financial services need to be regulated but over-stringent regulation may stifle innovation. Lithuanian lawyer Justinas Jarusevicius represented ABC Projektai in a case that went all the way to the European Court of Justice, helping the firm to regain its payment institution licence. It’s a case that, he believes, highlights the need to strike a balance between regulatory freedom and oversight. Robin Amlôt of IBS Intelligence speaks to Justinas Jarusevicius.