Ruta MerkevičiūtėHead of Division, E-money and payment institutions supervision at Bank of Lithuania
Rūta Merkevičiūtė is a Head of Division for E-money and Payment institution supervision at Bank of Lithuania, responsible for supervising over 100 E-money and Payment institutions. She is also a member of Lithuanian’s Payment council group, which is dedicated to investigate to further implementation of Open Banking in Lithuania.
She has professional legal qualification as an attorney-at law and for the past 10 years has been working both in private sector and financial sector’s supervision in the areas of responsibility that include AML, payments, open-banking, lending, crowdfunding, investment services and transposition of EU Directives such as PAD, PSD2 and AMLD4.
Previously, she took part in developing regulatory framework for FinTech industry in Lithuania as a member of interinstitutional working group for the Action Plan on FinTech industry. She also managed “Newcomer programme" for consultations with potential and already licensed entities and led Regulatory Sandbox in Bank of Lithuania allowing entities to test financial innovations in a live environment under the guidance and supervision of the Bank of Lithuania.