Candidacy of Vilnius in AMLA seat selection

The home of AMLA

® Joana Suslavičiūtė

Gintarė Skaistė Minister of Finance of Lithuania

When the European Commission proposed the establishment of AMLA in July 2021, the Lithuanian Government immediately decided to launch a bid to host this significant institution in Vilnius. For us, it wasn’t a tough decision – we saw it as a natural next step in the evolution of Lithuania’s financial and compliance sector, in line with our long-term strategic direction to keep AML/CFT issues at the forefront of our national policy agenda.

With a steadfast commitment to combating money laundering, Lithuania has developed a comprehen- sive and robust risk management framework. The effectiveness of our framework is acknowledged internationally – for example, by the Basel AML In- dex of 2023, which ranks Lithuania among the top 10 countries globally with the lowest risk for money laundering. This recognition also serves as a testa- ment to the extensive regulatory and supervisory experience we have accumulated in both the con- ventional banking sector and the FinTech segment, which has seen substantial growth in recent years, making Lithuania a leading FinTech hub in Europe.

Locating AMLA in Vilnius would ensure better geo- graphical balance within the European Union when it comes to the distribution of EU agencies. More- over, against the backdrop of current geopolitical realities, the establishment of AMLA in Lithuania would send a signal of confidence for Lithuania and the entire region, advancing deeper integration into the EU institutional and financial framework.

Vilnius proposes a remarkable opportunity for AMLA to have brand new premises in the heart of the EU’s greenest capital, renowned for its top- notch digital infrastructure. The state-of-the-art facility ensures the highest standards for office buildings, offering an inspiring and innovative work- space. Together with high-quality healthcare and education services, and abundant opportunities in the labour market, Vilnius makes it a perfect home for AMLA employees and their family members. Im- portantly, Vilnius offers an excellent quality of life at a more affordable cost compared to most major Western European cities.

Finally, in Lithuania, we boast a team of over 10,000 specialists dedicated to compliance, with more than 7,500 focusing on financial services, bank- ing, and related sectors. Our vibrant and dynamic financial sector ecosystem – powered by a strong public-private partnership and coupled with a large talent pool of compliance professionals – presents numerous synergy opportunities that will undoubt- edly propel the new agency to a successful start of operations.

Together, we can pave the way for a stronger, more secure European financial landscape, with Vilnius as the proud home of AMLA.

Vilnius offers a brand new

set of premises for AMLA

Vibrant and Green City

Geographically balanced choice

Good track record in risk management

The AMLA building

Digital connectivity and Accessibility

Conference venues and hotels

Education facilities

Access to the labour market, social security and medical care

6 7 8

10 14 16 17 18

Content

Vilnius provides an oasis of greenery at every glance, with nearly half the city filled with parks, squares and forests, inviting everyone to immerse themselves in nature without leaving the city or even the Old Town.

Vilnius has committed to turning itself into a cli- mate-neutral city by 2030. This vision includes electromobility, alternative fuels and sustainable mobility.

Work-life balance is also a key part of the Lithua- nian work culture. Here, both employers and em- ployees value quality leisure time and create plenty of opportunities for it. Instead of wasting hours on long commutes, professionals have the opportuni- ty to pursue leisure activities of their preference. Whether it’s a brisk morning run in a park or a cof- fee break at a local café, the absence of a lengthy commute allows for a more fulfilling use of time.

Vilnius has committed to turning itself into

a climate-neutral city by 2030

Vibrant and Green City

European Green Capital 2025

61% of the city’s territory is covered

by greenery

UNESCO-listed city centre

Prime office rental costs in Lithuania are among the lowest

in the EU (FDi Intelligence, Global Cities of the Future).

Vilnius holds 1st place in the cost-effectiveness category.

(FDi Intelligence, Global Cities of the Future ranking)

6

Geographical balance considerations must be cen- tral when deciding on AMLA’s location, in line with the repeated emphasis on this factor by the Euro- pean Parliament, the European Commission, and the Council1.

The distribution of EU agencies carries significant implications, not only economically but also polit- ically. These agencies enhance the visibility of the Union and, more importantly, they can serve as indicators reflecting the degree of integration of Member States into the EU.

Geographically balanced choice

1. A Joint Statement of the European Parliament, the Council of the EU and the European Commission on decentralised agencies on 19 July 2012, stating that the spread of agencies adds to the visibility of the Union in the different Member States. The European Council’s conclusions of 19/20 June 2008, stressing that seats of future agencies should be located primarily in the Member States that acceded to the Union in or after 2004.

Number of EU decentralized agencies and employees

Spain 3 agencies

1,237

2 agencies

Germany 1,234

4 agencies

France 692

2 agencies

Italy 605

1 agency

Belgium 397

1 agency

Austria 105

1 agency

Ireland 95

1 agency

Lithuania 43

1 agency

Latvia 43

The current distribution of EU agencies among Member States is highly uneven, both in terms of the number of agencies and the size of personnel employed in each country. This demonstrates that the core values of geographical balance and equal treatment within the Union are far from attained.

The decision on AMLA’s location must avoid fur- ther concentration of EU institutions and should contribute to enhancing the geographical diversi- fication of EU agencies, thereby strengthening the sense of equality among Member States.

7

The Lithuanian regulator is considered to be at the frontier of innovation, with projects such as the Newcomer Programme and Regulatory Sandbox. Moreover, RegTech and SupTech solutions are em- ployed to ensure high regulatory standards and reporting requirements, promoting comprehensive risk management without hindering the sustainable development of the financial system.

We always aim to stay one step ahead and prevent emerging new risks when it comes to regulatory frameworks. Lithuania adopted changes to national legislation related to cryptocurrency assets to in- crease the transparency of the regulatory system in this segment and prevent emerging risks without waiting for the EU-level Markets in Crypto-Assets (MiCA) regulation to enter into force. Further im- provements to the national cryptocurrency sector regulatory framework are already prepared and currently being finalised.

The national regulatory experience and accumulat- ed know-how will undoubtedly pave the way for the smooth functioning of the new EU AML/CFT agency.

Source: Invest Lithuania, Data as of the end of 2022

AML/CFT and compliance issues are high on the do- mestic policy agenda with the goal to continuously improve and strengthen the national risk manage- ment regime. Lithuania boasts a thriving financial sector ecosystem, underpinned by effective pub- lic-private collaboration, which stands ready to support AMLA in achieving its full potential.

The local finance sector will create a trustworthy synergy with the existing talent pool and entities operating as part of the broader ecosystem to en- sure AMLA’s smooth take-off, and fuel its journey towards a resounding success.

Extensive regulatory and supervisory experience in addressing AML/CFT risks, both in convention- al banking system and in the innovative segment of the financial system, related to various Fintech business models.

There are over 10,200 experts

in the field of compliance

of which more than 7,700 specialise in financial services,

banking and related sectors within the financial domain. Lithuania is

demonstrating its commitment to fostering robust and sustainable

growth of its financial sector.

Since 2017, Lithuania established

itself as

a thriving international Fintech hub

Good track record in risk management

Number of Fintechs in Lithuania

2014

55

2017

117

2020

230

2015

64

2018

170

2021

265

2016

82

2019

210

2022

263

8

The Basel AML INDEX 2023

Read more

The Basel AML 2023 Index comprehensively en- compasses data from 18 publicly accessible sourc- es, thereby complementing the FATF assessment and providing a broader context with more cross sections. The index also provides a ranking of coun- tries. The index incorporates FATF data and its fourth-round methodology. Lithuania attained the outstanding position as one of the TOP 5 Europe- an Union Member States and the TOP 10 globally, characterised by the lowest ML/TF risks.

The Centre of Excellence in Anti-Money Laundering was established in collaboration with the Ministry of Finance and the Bank of Lithuania, alongside key players in the banking system, to ensure the nation- al compliant talent pool continues to grow, both in size and quality. The innovative, progressive and leadership-driven Centre of Excellence is based on public and private sector cooperation, which encourages dialogue and identifying the best solu- tions to specific real-life cases of ML/TF risks.

Lithuania attained an outstanding position as one of the TOP 5 European Union

member states and the TOP 10 globally characterized by the

lowest ML/TF risks

Global ranking of Basel AML Index in 2023

0 = low risk to 10 = high risk

Spain

Germany

France

Lithuania is ranked highest compared to the other candidates.

3.47

3.58

4.00

4.10

4.29

3.96

4.01

4.13

4.56Italy

Belgium

Austria

Ireland

Lithuania

Latvia

To share experience and elevate compliance stand- ards across the entire financial sector, the centre, together with Mykolas Riomeris University, has pre- pared the Money Laundering and Terrorist Financ- ing Prevention Certification Programme.

The centre also organised 16 highly successful complimentary training sessions for financial mar- ket participants last year, attracting nearly 4,500 eager participants.

Introductory, periodic, individual and specific train- ing courses are offered by private market players, such as ECOVIS Proventus Law, Mokymų Klubas, Lewben, Countline and Mokymų LAB. Some of these companies can also offer qualification improvement courses, such as an AML Certification Programme (Mokymų LAB). Upon request, all training and certi- fication programmes can be conducted in English.

Investing in the talent pool

9

The AMLA building Vilnius proposes a remarkable opportunity to have brand new premises as the home for AMLA, locat- ed in the heart of the UNESCO-listed city centre. The Class A Yellowstone business centre is situated at 14 J. Jasinskio str. within the prestigious Busi- ness Triangle, which serves as a hub for numer- ous esteemed corporations and enterprises. The nine-storey building stands on the left side of the Neris River, where Vilnius meets its urban arteries.

The proposed premises for AMLA will be available immediately. The availability of the premises, in- cluding fit-out and necessary adaptation works, is envisaged in Q2 2024.

The proposed premises for AMLA will be meticu- lously designed to align with the specific require- ments necessary for the Financial Intelligence Unit (FIU) and FIU-related functions. The designated spaces will be accessible exclusively to authorized personnel and will be outfitted with IT terminals.

In line with the commitment to digital security and connectivity within the AMLA building, a compre- hensive approach has been implemented, encom- passing both physical and IT infrastructure. In ad- dition to the robust Wi-Fi network, an advanced optical (fibre) network has been strategically inte- grated within the premises. This ensures swift and reliable data transmission while reinforcing the ca- pacity to meet the growing demands of the digital age. The protection of critical server rooms is man- aged with the utmost seriousness. Access to these vital areas is fortified through a rigorous access control system, granting entry permissions solely to authorized personnel.

All costs related to the AMLA premises for a period of five years will be covered by the Republic of Lithuania.

The Yellowstone consists of nine floors of ergo- nomically designed offices that can accommodate 400 AMLA employees, with a possibility of exten- sion in the future.

The premises cover all AMLA needs, ensuring com- plete safety and restricted access to entrances for the agency’s staff. The proposed AMLA building features a breath-taking panoramic terrace with stunning views from above.

The proposed premises for AMLA will be available immediately!

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The building is developed in accordance with the international BREEAM (EXCELLENT) standard for sustainable buildings. Including:

Class A energy efficiency, ensuring extremely low energy consumption

Two-storey underground parking for cars, bikes and e-scooters

Renewable energy (solar power plant)

Electric car parking/charging spaces

Environmentally friendly and adjustable LED lighting

Individual building management system

Status sensors, temperature and CO2 sensors, air filters

Individual ventilation system

Building Management Systems

Innovative solutions for acoustics and sound insulation

Modern cooling system for space cooling and partial heating

Air circulation solutions that meet the highest standards

High-speed lifts with intelligent control

Mobile access control system

A green and lively inner square with restaurant and café terraces and restaurant and café space on the ground floor

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The AMLA building will also enjoy its prestigious location, encompassed by a variety of high-class accommodations:

Hotels

J. Jasinskio bus stop

International Airport of Vilnius

Train station in Vilnius

International Airport of Vilnius

A multitude of 3-4 star hotels, all within short 2-4 min walking distance and in the UNESCO- listed city centre, will further enhance the appeal of a convenient environment and staying options for AMLA staff and guests.

Only 10 meters (less than 1 min stroll) from the Yellowstone entrance, the bus stop named J. Jasinskio allows effortless access to any part of the city

Only 18 min by bus (3G fast line bus) to get to the

International Airport of Vilnius

Only 14 min by bus (1 and 7 lines) or Taxi, Bolt, Uber or car to get to the closest

international train station in Vilnius.

Less than 20 min by Taxi, Bolt, Uber, car share service or any other type of motor vehicle transport to get to the International Airport of Vilnius.

AMLA

The proposed premises for AMLA are also very conveniently accessible by any type of transport:

2-4 min AMLA

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Vilnius is ranked first among EU capitals for per capita mobility alternatives. Be- sides using public transport, locals and guests can get around by taxi, Uber/Bolt or car sharing (CityBee, Bolt Drive), bike sharing and electric scooter sharing plat- forms. The journey from the airport to the proposed AMLA premises by taxi, Uber or Bolt takes less than 20 minutes and is budget-friendly, with the fare not exceed- ing EUR 10.

Currently, Vilnius has a network of around 150 km of high-quality cycling paths con- necting different parts of the city and covering 58% of the urbanised area with- in a radius of 250 metres. By the end of 2025, this figure is expected to increase to 90%, with around 190 km of paths, mak- ing cycling or moving by any other type of motorless vehicle even more convenient.

Vilnius stands out as a very convenient city to get around by walking – it is among top five European capitals for short-dis- tance commuting.

The Neris River with newly reconstructed riverside paths for walking and cycling is reachable just in 2 minutes on foot.

Vingis park, only 20 minute walk away.

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Digital connectivity & Accessibility Vilnius boasts excellent internet connectivity, with widespread access to high-speed fibre. This infrastructure makes Vilnius one of the world’s best-connected cities, which offers free WiFi hotspots in hotels, venues and public spaces. Moreover, 5G coverage extends across almost the entire territory of Lithuania, and in Vilnius, 5G connectivity is available everywhere.

Lithuania increased the spread of 5G internet by reaching 99% of the country’s territorial coverage in July 2023.

Lithuania has a commitment to comply with EU and NATO recommendations on ensuring the security of 5G infrastructure and other 5G Development Guidelines (2020-2025), underlying the mainte- nance of highest security standards and a coordi- nated approach.

6th in the ITU Global Cybersecurity Index, offering both EU-leading connectivity and internet speeds and a strong pipeline of dedicated IT specialists. To deliver best-in-class services for AMLA activities, Vilnius will provide fast, reliable infrastructure and a smart, flexible IT talent pool, which are crucial for the agency’s functioning from the outset.

According to the European Commission’s European e-Government Benchmark 2023, Lithuania ranks 7th and is among the leading countries in terms of the most technologically advanced public e-services.

Lithuania has a strong tradition of e-government, with many public services accessible online. Resi- dents can interact with government agencies, pay taxes and access important documents through a user-friendly digital platform. Currently, Lithuania’s e-Government Gateway portal (www.epaslaugos.lt) offers more than 650 electronic services. In 2022, 79.6% of the Lithuanian population aged 18-74 used the portal, demonstrating that digital connectivity is friendly enough for any age group.

globally for digital skills availability (IMD World Competitiveness Yearbook 2023 rating)

in the ITU Global Cybersecurity Index

Lithuania ranks 7th and is among the leading countries in terms of the most technologically advanced public e-services.

globally in the National Cybersecurity Index

1st

2nd

6th

7th

Digital connectivity

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Lithuania is connected with Europe and the rest of the world via three international airports, located in the capital of Vilnius, the industrial hub of Kaunas and the port city of Klaipėda/Palanga.

Serving the administrative and financial capital, Vil- nius International Airport is the main gateway to Lithuania, conveniently positioned less than three hours away from most European capitals. Kaunas International Airport is located just one hour away by car from Vilnius, extending the air accessibility of the capital city.

Situated just seven kilometres from the UNES- CO-listed city centre, Vilnius International Airport offers reliable and convenient connectivity across Europe and beyond.

A wide range of airlines ensure reliable, convenient and frequent direct air connectivity between Vilnius and Riga, Tallinn, Amsterdam, Berlin, Brussels, Co- penhagen, Stockholm, Frankfurt, Munich, Paris, Zu- rich, Helsinki, Vienna, Warsaw and a most of other cities across Europe.

In 2023, Lithuania’s airports boasted 98 direct con- nections, of which almost 60 were at Vilnius Inter- national Airport, with plans to increase the total number of routes to 110 by the end of 2024.

1.5hr FLIGHT

3hr FLIGHT 2hr FLIGHT

Poland

Slovakia

Hungary

Slovenia Croatia

Bosnia and Hercogovina

Montenegro Kosovo

Albania

North Macedonia

Romania

Bulgaria Serbia

Greece

Austria

Chech Republic

Germany

France

Italy

Turkey SpainPortugal

United Kingdom

Ireland

Denmark

Netherlands

Belgium

Luxenbourg

Switzerland

Ukraine

Latvia

Lithuania

Estonia

Finland Sweden

Norway

Iceland

98 direct connections from Lithuanian airports

60 from Vilnius International Airport alone

110 There are plans to increase this number to 110 by the end of 2024

Accessibility

Net zero emissions by 2050

Lithuanian authorities have prepared a strategic roadmap to further increase the number and frequency of flights to European and international destinations. With additional financial resources allocated to this goal, Lithuania is enhancing connectivity with 27 destinations, with 23 additional upcoming flights from Vilnius. Priority destinations include major European capitals like Copenhagen, Brussels, Berlin, Helsinki, Paris, Madrid, Dublin, Lisbon, Amsterdam, Warsaw and other European cities.

No less significant is Lithuania’s ambition to offer reliable, convenient and sustainable air connectiv- ity. Lithuanian Airports has committed to reaching Net Zero emissions by 2050, whereas Vilnius Inter- national Airport is the only airport in the Baltics to reach Level 3 Optimisation in the Airports Council International Airport Carbon Accreditation

programme. Over the past years, Vilnius Interna- tional Airport has invested greatly in sustainable infrastructure solutions, such as green energy, LED lighting and emissions reduction. Alongside im- proved infrastructure, the airport is building a new, state-of-the-art departure terminal that will en- hance the passenger experience through sustaina- ble design and the latest technological innovations.

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Conference venues and hotels From traditional to modern, Vilnius has an array of unique venues for events and conferences outside the AMLA premises to choose from.

distinguished 4-star hotels

sound 3-star hotels, including options for using their rooftop

terraces as event venues

well-known 5-star hotels

21 186

236 55 venues for events and

conferences by a range of prestigious hotels

special venues capable of accommodating gatherings

ranging from 70 to an impressive 13,000 attendees

people can be accommodated at

these multipurpose venues

20-900

Vilnius Meeting Planner’s Guide

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Education facilities

® Joana Suslavičiūtė

Over 300 nurseries in English, French, Lithuanian, Polish, and Spanish.

Vilnius ensures that the children of AMLA’s staff have access to a variety of choices for their early education.

The public (municipal) pre-school (nursery and kindergarten) education system in Vilnius op- erates on a shared funding model. The average cost is around EUR 80-90 per month for one child.

The cost of private kindergartens varies from EUR 170-1600 per month. The Vilnius Munici- pality reimburses all parents whose children attend private kindergartens up to EUR 120 of the monthly fee per child.

11 kindergarten companies offering education and childcare in English, French, Spanish, and Russian/Belarusian languages. Private kinder- gartens also provide foreign language activi- ties and offer lessons in English, Spanish, and other languages.

10 education facilities offering university-level education and committed to delivering world- class education in English, French, German, Lithuanian, and Polish languages.Higher ed- ucation in one of the four colleges that have study programmes in English.

More than 500 study programmes across various fields taught in English.

EU citizens who have a right of permanent residence in Lithuania can be accepted for state-funded study places in Lithuanian high- er education institutions or apply for scholar- ships.

The average cost of studies at public and pri- vate universities is within a range of EUR 1,248- 11,587 per year for first-cycle (bachelor’s) studies, and from EUR 2,242-12,581 per year for second-cycle (master’s) studies.

Two universities in Vilnius (four in Lithua- nia) have gained international recognition as top universities worldwide: Vilnius Universi- ty (ranked 400th) and Vilnius Tech University (ranked 751-800th).

11 school companies provide high-quality pri- mary and secondary education in English, French, and Polish.

Supplementary language practicing opportu- nities, such as Spanish language classes.

Tuition fees vary EUR 4,000-17,000 per school year.

2 public (municipal) schools offer Internation- al Baccalaureate (IB Diploma) classes and pro- vide education in English for senior classes.

14 public (municipal) schools offer education in Polish language for various age children.

Kindergartens

Higher education facilities (university level or equal)

International schools

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Technology-driven and globally minded, Vilnius is a place to tackle global challenges – from life sciences to developing FinTech and cybersecurity products used by millions around the globe.

With an unemployment rate of 6.2% (2023 Q3) and a vacancy rate close to historic highs (1.9% in 2023 Q2), the labour market in Lithuania is highly favourable for individuals seeking new job opportu- nities.

GDP per capita in the capital region of Vilnius well exceeds the EU average (reaching 126% in 2021, according to the latest available Eurostat data), providing plenty of economic opportunities that could also benefit family members of AMLA staff.

Private specialised medical clin- ic chains, providing a wide range of healthcare services and treat- ments and five top-tier private health clinic chains.

Public municipality clinics in Vilnius for primary outpatient healthcare services, including family medicine, dentistry and home care, as well as secondary specialised outpatient health- care services and day hospital services.

State and municipality hospi- tals, bolstered by an addition- al five hospitals specialising in dentistry, oncology, obstetrics and psychiatric care. This robust healthcare infrastructure en- sures a comprehensive and di- verse range of medical services for the community.

Access to the labour market, social security & medical care Lithuania boasts a comprehensive healthcare sys- tem comprising both public and private healthcare institutions.

Emergency services are provided free of charge to all permanent residents of Lithuania, regardless of their nationality or whether they are covered by compulsory health insurance.

Access to medical care

Labour market and its capacity to offer international job opportunities

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10

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According to NordLayer Index, Lithuania performs extremely well in legal actions (1st place), responds well to emerging cyber threats (2nd place) and demonstrates excellent cybersecurity (3rd place). In addition, Lithuania is strong in terms of infrastruc- ture (4th place) and attractive to tourists (10th place).

Lithuania is ranked 8th in the world in terms of remote work conditions. 8thAn up-to-date tool to search

for highly qualified jobs at international companies in Vilnius

Read more

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The Work in Lithuania platform serves as a link be- tween people looking to land their dream job and international companies keen on hiring specialists from abroad. The platform sees constant growth, with the number of monthly visitors rising to more than 27,000, with more than 1,300 monthly job ap- plication submissions. The community of employers using the platform to look for global talent has also expanded from 190 to over 250. While the number of international employers still outside the platform might be even more significant.

Vilnius is the most business-friendly city in emerg- ing Europe, topping the 2023 Business-Friendly City Perception Index. Vilnius scored particularly well in the business climate, pool of talent, infrastructure and connectivity and quality of life categories.

® Joana Suslavičiūtė

Of young professionals exhibit fluency in English.

85%

Of public sector services have undergone digitalisation, exemplifying a robust

commitment to efficiency, accessibility and modernization in the delivery of

essential government services.

90%

International House Vilnius is ready to assist newcomers with anything they might encounter on their way towards integrating seamlessly in Lithuania’s capital.

IH Vilnius offers free consultations and services related to relocation to Lithuania and living in Vilni- us, from residence permits and social insurance, to employment services, taxes, starting a business and much more. IH Vilnius has united the Migration De- partment, Tax Inspectorate, Social Insurance Agen- cy and Employment Service, all of which have repre- sentatives working at IH Vilnius and serving foreign clients as a one-stop shop, creating huge benefits for customers. As such, foreigners receive all the necessary services in one visit and specialists from different institutions can consult with each other and jointly find the best solutions to unusual situa- tions.

More about International

House of Vilnius

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The home of AMLA

® Joana Suslavičiūtė

Gintarė Skaistė Minister of Finance of Lithuania

When the European Commission proposed the establishment of AMLA in July 2021, the Lithuanian Government immediately decided to launch a bid to host this significant institution in Vilnius. For us, it wasn’t a tough decision – we saw it as a natural next step in the evolution of Lithuania’s financial and compliance sector, in line with our long-term strategic direction to keep AML/CFT issues at the forefront of our national policy agenda.

With a steadfast commitment to combating money laundering, Lithuania has developed a comprehen- sive and robust risk management framework. The effectiveness of our framework is acknowledged internationally – for example, by the Basel AML In- dex of 2023, which ranks Lithuania among the top 10 countries globally with the lowest risk for money laundering. This recognition also serves as a testa- ment to the extensive regulatory and supervisory experience we have accumulated in both the con- ventional banking sector and the FinTech segment, which has seen substantial growth in recent years, making Lithuania a leading FinTech hub in Europe.

Locating AMLA in Vilnius would ensure better geo- graphical balance within the European Union when it comes to the distribution of EU agencies. More- over, against the backdrop of current geopolitical realities, the establishment of AMLA in Lithuania would send a signal of confidence for Lithuania and the entire region, advancing deeper integration into the EU institutional and financial framework.

Vilnius proposes a remarkable opportunity for AMLA to have brand new premises in the heart of the EU’s greenest capital, renowned for its top- notch digital infrastructure. The state-of-the-art facility ensures the highest standards for office buildings, offering an inspiring and innovative work- space. Together with high-quality healthcare and education services, and abundant opportunities in the labour market, Vilnius makes it a perfect home for AMLA employees and their family members. Im- portantly, Vilnius offers an excellent quality of life at a more affordable cost compared to most major Western European cities.

Finally, in Lithuania, we boast a team of over 10,000 specialists dedicated to compliance, with more than 7,500 focusing on financial services, bank- ing, and related sectors. Our vibrant and dynamic financial sector ecosystem – powered by a strong public-private partnership and coupled with a large talent pool of compliance professionals – presents numerous synergy opportunities that will undoubt- edly propel the new agency to a successful start of operations.

Together, we can pave the way for a stronger, more secure European financial landscape, with Vilnius as the proud home of AMLA.

Vilnius offers a brand new

set of premises for AMLA

Vibrant and Green City

Geographically balanced choice

Good track record in risk management

The AMLA building

Digital connectivity and Accessibility

Conference venues and hotels

Education facilities

Access to the labour market, social security and medical care

6 7 8

10 14 16 17 18

Content

Vilnius provides an oasis of greenery at every glance, with nearly half the city filled with parks, squares and forests, inviting everyone to immerse themselves in nature without leaving the city or even the Old Town.

Vilnius has committed to turning itself into a cli- mate-neutral city by 2030. This vision includes electromobility, alternative fuels and sustainable mobility.

Work-life balance is also a key part of the Lithua- nian work culture. Here, both employers and em- ployees value quality leisure time and create plenty of opportunities for it. Instead of wasting hours on long commutes, professionals have the opportuni- ty to pursue leisure activities of their preference. Whether it’s a brisk morning run in a park or a cof- fee break at a local café, the absence of a lengthy commute allows for a more fulfilling use of time.

Vilnius has committed to turning itself into

a climate-neutral city by 2030

Vibrant and Green City

European Green Capital 2025

61% of the city’s territory is covered

by greenery

UNESCO-listed city centre

Prime office rental costs in Lithuania are among the lowest

in the EU (FDi Intelligence, Global Cities of the Future).

Vilnius holds 1st place in the cost-effectiveness category.

(FDi Intelligence, Global Cities of the Future ranking)

6

Geographical balance considerations must be cen- tral when deciding on AMLA’s location, in line with the repeated emphasis on this factor by the Euro- pean Parliament, the European Commission, and the Council1.

The distribution of EU agencies carries significant implications, not only economically but also polit- ically. These agencies enhance the visibility of the Union and, more importantly, they can serve as indicators reflecting the degree of integration of Member States into the EU.

Geographically balanced choice

1. A Joint Statement of the European Parliament, the Council of the EU and the European Commission on decentralised agencies on 19 July 2012, stating that the spread of agencies adds to the visibility of the Union in the different Member States. The European Council’s conclusions of 19/20 June 2008, stressing that seats of future agencies should be located primarily in the Member States that acceded to the Union in or after 2004.

Number of EU decentralized agencies and employees

Spain 3 agencies

1,237

2 agencies

Germany 1,234

4 agencies

France 692

2 agencies

Italy 605

1 agency

Belgium 397

1 agency

Austria 105

1 agency

Ireland 95

1 agency

Lithuania 43

1 agency

Latvia 43

The current distribution of EU agencies among Member States is highly uneven, both in terms of the number of agencies and the size of personnel employed in each country. This demonstrates that the core values of geographical balance and equal treatment within the Union are far from attained.

The decision on AMLA’s location must avoid fur- ther concentration of EU institutions and should contribute to enhancing the geographical diversi- fication of EU agencies, thereby strengthening the sense of equality among Member States.

7

The Lithuanian regulator is considered to be at the frontier of innovation, with projects such as the Newcomer Programme and Regulatory Sandbox. Moreover, RegTech and SupTech solutions are em- ployed to ensure high regulatory standards and reporting requirements, promoting comprehensive risk management without hindering the sustainable development of the financial system.

We always aim to stay one step ahead and prevent emerging new risks when it comes to regulatory frameworks. Lithuania adopted changes to national legislation related to cryptocurrency assets to in- crease the transparency of the regulatory system in this segment and prevent emerging risks without waiting for the EU-level Markets in Crypto-Assets (MiCA) regulation to enter into force. Further im- provements to the national cryptocurrency sector regulatory framework are already prepared and currently being finalised.

The national regulatory experience and accumulat- ed know-how will undoubtedly pave the way for the smooth functioning of the new EU AML/CFT agency.

Source: Invest Lithuania, Data as of the end of 2022

AML/CFT and compliance issues are high on the do- mestic policy agenda with the goal to continuously improve and strengthen the national risk manage- ment regime. Lithuania boasts a thriving financial sector ecosystem, underpinned by effective pub- lic-private collaboration, which stands ready to support AMLA in achieving its full potential.

The local finance sector will create a trustworthy synergy with the existing talent pool and entities operating as part of the broader ecosystem to en- sure AMLA’s smooth take-off, and fuel its journey towards a resounding success.

Extensive regulatory and supervisory experience in addressing AML/CFT risks, both in convention- al banking system and in the innovative segment of the financial system, related to various Fintech business models.

There are over 10,200 experts

in the field of compliance

of which more than 7,700 specialise in financial services,

banking and related sectors within the financial domain. Lithuania is

demonstrating its commitment to fostering robust and sustainable

growth of its financial sector.

Since 2017, Lithuania established

itself as

a thriving international Fintech hub

Good track record in risk management

Number of Fintechs in Lithuania

2014

55

2017

117

2020

230

2015

64

2018

170

2021

265

2016

82

2019

210

2022

263

8

The Basel AML INDEX 2023

Read more

The Basel AML 2023 Index comprehensively en- compasses data from 18 publicly accessible sourc- es, thereby complementing the FATF assessment and providing a broader context with more cross sections. The index also provides a ranking of coun- tries. The index incorporates FATF data and its fourth-round methodology. Lithuania attained the outstanding position as one of the TOP 5 Europe- an Union Member States and the TOP 10 globally, characterised by the lowest ML/TF risks.

The Centre of Excellence in Anti-Money Laundering was established in collaboration with the Ministry of Finance and the Bank of Lithuania, alongside key players in the banking system, to ensure the nation- al compliant talent pool continues to grow, both in size and quality. The innovative, progressive and leadership-driven Centre of Excellence is based on public and private sector cooperation, which encourages dialogue and identifying the best solu- tions to specific real-life cases of ML/TF risks.

Lithuania attained an outstanding position as one of the TOP 5 European Union

member states and the TOP 10 globally characterized by the

lowest ML/TF risks

Global ranking of Basel AML Index in 2023

0 = low risk to 10 = high risk

Spain

Germany

France

Lithuania is ranked highest compared to the other candidates.

3.47

3.58

4.00

4.10

4.29

3.96

4.01

4.13

4.56Italy

Belgium

Austria

Ireland

Lithuania

Latvia

To share experience and elevate compliance stand- ards across the entire financial sector, the centre, together with Mykolas Riomeris University, has pre- pared the Money Laundering and Terrorist Financ- ing Prevention Certification Programme.

The centre also organised 16 highly successful complimentary training sessions for financial mar- ket participants last year, attracting nearly 4,500 eager participants.

Introductory, periodic, individual and specific train- ing courses are offered by private market players, such as ECOVIS Proventus Law, Mokymų Klubas, Lewben, Countline and Mokymų LAB. Some of these companies can also offer qualification improvement courses, such as an AML Certification Programme (Mokymų LAB). Upon request, all training and certi- fication programmes can be conducted in English.

Investing in the talent pool

9

The AMLA building Vilnius proposes a remarkable opportunity to have brand new premises as the home for AMLA, locat- ed in the heart of the UNESCO-listed city centre. The Class A Yellowstone business centre is situated at 14 J. Jasinskio str. within the prestigious Busi- ness Triangle, which serves as a hub for numer- ous esteemed corporations and enterprises. The nine-storey building stands on the left side of the Neris River, where Vilnius meets its urban arteries.

The proposed premises for AMLA will be available immediately. The availability of the premises, in- cluding fit-out and necessary adaptation works, is envisaged in Q2 2024.

The proposed premises for AMLA will be meticu- lously designed to align with the specific require- ments necessary for the Financial Intelligence Unit (FIU) and FIU-related functions. The designated spaces will be accessible exclusively to authorized personnel and will be outfitted with IT terminals.

In line with the commitment to digital security and connectivity within the AMLA building, a compre- hensive approach has been implemented, encom- passing both physical and IT infrastructure. In ad- dition to the robust Wi-Fi network, an advanced optical (fibre) network has been strategically inte- grated within the premises. This ensures swift and reliable data transmission while reinforcing the ca- pacity to meet the growing demands of the digital age. The protection of critical server rooms is man- aged with the utmost seriousness. Access to these vital areas is fortified through a rigorous access control system, granting entry permissions solely to authorized personnel.

All costs related to the AMLA premises for a period of five years will be covered by the Republic of Lithuania.

The Yellowstone consists of nine floors of ergo- nomically designed offices that can accommodate 400 AMLA employees, with a possibility of exten- sion in the future.

The premises cover all AMLA needs, ensuring com- plete safety and restricted access to entrances for the agency’s staff. The proposed AMLA building features a breath-taking panoramic terrace with stunning views from above.

The proposed premises for AMLA will be available immediately!

10

The building is developed in accordance with the international BREEAM (EXCELLENT) standard for sustainable buildings. Including:

Class A energy efficiency, ensuring extremely low energy consumption

Two-storey underground parking for cars, bikes and e-scooters

Renewable energy (solar power plant)

Electric car parking/charging spaces

Environmentally friendly and adjustable LED lighting

Individual building management system

Status sensors, temperature and CO2 sensors, air filters

Individual ventilation system

Building Management Systems

Innovative solutions for acoustics and sound insulation

Modern cooling system for space cooling and partial heating

Air circulation solutions that meet the highest standards

High-speed lifts with intelligent control

Mobile access control system

A green and lively inner square with restaurant and café terraces and restaurant and café space on the ground floor

11

The AMLA building will also enjoy its prestigious location, encompassed by a variety of high-class accommodations:

Hotels

J. Jasinskio bus stop

International Airport of Vilnius

Train station in Vilnius

International Airport of Vilnius

A multitude of 3-4 star hotels, all within short 2-4 min walking distance and in the UNESCO- listed city centre, will further enhance the appeal of a convenient environment and staying options for AMLA staff and guests.

Only 10 meters (less than 1 min stroll) from the Yellowstone entrance, the bus stop named J. Jasinskio allows effortless access to any part of the city

Only 18 min by bus (3G fast line bus) to get to the

International Airport of Vilnius

Only 14 min by bus (1 and 7 lines) or Taxi, Bolt, Uber or car to get to the closest

international train station in Vilnius.

Less than 20 min by Taxi, Bolt, Uber, car share service or any other type of motor vehicle transport to get to the International Airport of Vilnius.

AMLA

The proposed premises for AMLA are also very conveniently accessible by any type of transport:

2-4 min AMLA

12

Vilnius is ranked first among EU capitals for per capita mobility alternatives. Be- sides using public transport, locals and guests can get around by taxi, Uber/Bolt or car sharing (CityBee, Bolt Drive), bike sharing and electric scooter sharing plat- forms. The journey from the airport to the proposed AMLA premises by taxi, Uber or Bolt takes less than 20 minutes and is budget-friendly, with the fare not exceed- ing EUR 10.

Currently, Vilnius has a network of around 150 km of high-quality cycling paths con- necting different parts of the city and covering 58% of the urbanised area with- in a radius of 250 metres. By the end of 2025, this figure is expected to increase to 90%, with around 190 km of paths, mak- ing cycling or moving by any other type of motorless vehicle even more convenient.

Vilnius stands out as a very convenient city to get around by walking – it is among top five European capitals for short-dis- tance commuting.

The Neris River with newly reconstructed riverside paths for walking and cycling is reachable just in 2 minutes on foot.

Vingis park, only 20 minute walk away.

13

Digital connectivity & Accessibility Vilnius boasts excellent internet connectivity, with widespread access to high-speed fibre. This infrastructure makes Vilnius one of the world’s best-connected cities, which offers free WiFi hotspots in hotels, venues and public spaces. Moreover, 5G coverage extends across almost the entire territory of Lithuania, and in Vilnius, 5G connectivity is available everywhere.

Lithuania increased the spread of 5G internet by reaching 99% of the country’s territorial coverage in July 2023.

Lithuania has a commitment to comply with EU and NATO recommendations on ensuring the security of 5G infrastructure and other 5G Development Guidelines (2020-2025), underlying the mainte- nance of highest security standards and a coordi- nated approach.

6th in the ITU Global Cybersecurity Index, offering both EU-leading connectivity and internet speeds and a strong pipeline of dedicated IT specialists. To deliver best-in-class services for AMLA activities, Vilnius will provide fast, reliable infrastructure and a smart, flexible IT talent pool, which are crucial for the agency’s functioning from the outset.

According to the European Commission’s European e-Government Benchmark 2023, Lithuania ranks 7th and is among the leading countries in terms of the most technologically advanced public e-services.

Lithuania has a strong tradition of e-government, with many public services accessible online. Resi- dents can interact with government agencies, pay taxes and access important documents through a user-friendly digital platform. Currently, Lithuania’s e-Government Gateway portal (www.epaslaugos.lt) offers more than 650 electronic services. In 2022, 79.6% of the Lithuanian population aged 18-74 used the portal, demonstrating that digital connectivity is friendly enough for any age group.

globally for digital skills availability (IMD World Competitiveness Yearbook 2023 rating)

in the ITU Global Cybersecurity Index

Lithuania ranks 7th and is among the leading countries in terms of the most technologically advanced public e-services.

globally in the National Cybersecurity Index

1st

2nd

6th

7th

Digital connectivity

14

Lithuania is connected with Europe and the rest of the world via three international airports, located in the capital of Vilnius, the industrial hub of Kaunas and the port city of Klaipėda/Palanga.

Serving the administrative and financial capital, Vil- nius International Airport is the main gateway to Lithuania, conveniently positioned less than three hours away from most European capitals. Kaunas International Airport is located just one hour away by car from Vilnius, extending the air accessibility of the capital city.

Situated just seven kilometres from the UNES- CO-listed city centre, Vilnius International Airport offers reliable and convenient connectivity across Europe and beyond.

A wide range of airlines ensure reliable, convenient and frequent direct air connectivity between Vilnius and Riga, Tallinn, Amsterdam, Berlin, Brussels, Co- penhagen, Stockholm, Frankfurt, Munich, Paris, Zu- rich, Helsinki, Vienna, Warsaw and a most of other cities across Europe.

In 2023, Lithuania’s airports boasted 98 direct con- nections, of which almost 60 were at Vilnius Inter- national Airport, with plans to increase the total number of routes to 110 by the end of 2024.

1.5hr FLIGHT

3hr FLIGHT 2hr FLIGHT

Poland

Slovakia

Hungary

Slovenia Croatia

Bosnia and Hercogovina

Montenegro Kosovo

Albania

North Macedonia

Romania

Bulgaria Serbia

Greece

Austria

Chech Republic

Germany

France

Italy

Turkey SpainPortugal

United Kingdom

Ireland

Denmark

Netherlands

Belgium

Luxenbourg

Switzerland

Ukraine

Latvia

Lithuania

Estonia

Finland Sweden

Norway

Iceland

98 direct connections from Lithuanian airports

60 from Vilnius International Airport alone

110 There are plans to increase this number to 110 by the end of 2024

Accessibility

Net zero emissions by 2050

Lithuanian authorities have prepared a strategic roadmap to further increase the number and frequency of flights to European and international destinations. With additional financial resources allocated to this goal, Lithuania is enhancing connectivity with 27 destinations, with 23 additional upcoming flights from Vilnius. Priority destinations include major European capitals like Copenhagen, Brussels, Berlin, Helsinki, Paris, Madrid, Dublin, Lisbon, Amsterdam, Warsaw and other European cities.

No less significant is Lithuania’s ambition to offer reliable, convenient and sustainable air connectiv- ity. Lithuanian Airports has committed to reaching Net Zero emissions by 2050, whereas Vilnius Inter- national Airport is the only airport in the Baltics to reach Level 3 Optimisation in the Airports Council International Airport Carbon Accreditation

programme. Over the past years, Vilnius Interna- tional Airport has invested greatly in sustainable infrastructure solutions, such as green energy, LED lighting and emissions reduction. Alongside im- proved infrastructure, the airport is building a new, state-of-the-art departure terminal that will en- hance the passenger experience through sustaina- ble design and the latest technological innovations.

15

Conference venues and hotels From traditional to modern, Vilnius has an array of unique venues for events and conferences outside the AMLA premises to choose from.

distinguished 4-star hotels

sound 3-star hotels, including options for using their rooftop

terraces as event venues

well-known 5-star hotels

21 186

236 55 venues for events and

conferences by a range of prestigious hotels

special venues capable of accommodating gatherings

ranging from 70 to an impressive 13,000 attendees

people can be accommodated at

these multipurpose venues

20-900

Vilnius Meeting Planner’s Guide

Read more

16

Education facilities

® Joana Suslavičiūtė

Over 300 nurseries in English, French, Lithuanian, Polish, and Spanish.

Vilnius ensures that the children of AMLA’s staff have access to a variety of choices for their early education.

The public (municipal) pre-school (nursery and kindergarten) education system in Vilnius op- erates on a shared funding model. The average cost is around EUR 80-90 per month for one child.

The cost of private kindergartens varies from EUR 170-1600 per month. The Vilnius Munici- pality reimburses all parents whose children attend private kindergartens up to EUR 120 of the monthly fee per child.

11 kindergarten companies offering education and childcare in English, French, Spanish, and Russian/Belarusian languages. Private kinder- gartens also provide foreign language activi- ties and offer lessons in English, Spanish, and other languages.

10 education facilities offering university-level education and committed to delivering world- class education in English, French, German, Lithuanian, and Polish languages.Higher ed- ucation in one of the four colleges that have study programmes in English.

More than 500 study programmes across various fields taught in English.

EU citizens who have a right of permanent residence in Lithuania can be accepted for state-funded study places in Lithuanian high- er education institutions or apply for scholar- ships.

The average cost of studies at public and pri- vate universities is within a range of EUR 1,248- 11,587 per year for first-cycle (bachelor’s) studies, and from EUR 2,242-12,581 per year for second-cycle (master’s) studies.

Two universities in Vilnius (four in Lithua- nia) have gained international recognition as top universities worldwide: Vilnius Universi- ty (ranked 400th) and Vilnius Tech University (ranked 751-800th).

11 school companies provide high-quality pri- mary and secondary education in English, French, and Polish.

Supplementary language practicing opportu- nities, such as Spanish language classes.

Tuition fees vary EUR 4,000-17,000 per school year.

2 public (municipal) schools offer Internation- al Baccalaureate (IB Diploma) classes and pro- vide education in English for senior classes.

14 public (municipal) schools offer education in Polish language for various age children.

Kindergartens

Higher education facilities (university level or equal)

International schools

17

Technology-driven and globally minded, Vilnius is a place to tackle global challenges – from life sciences to developing FinTech and cybersecurity products used by millions around the globe.

With an unemployment rate of 6.2% (2023 Q3) and a vacancy rate close to historic highs (1.9% in 2023 Q2), the labour market in Lithuania is highly favourable for individuals seeking new job opportu- nities.

GDP per capita in the capital region of Vilnius well exceeds the EU average (reaching 126% in 2021, according to the latest available Eurostat data), providing plenty of economic opportunities that could also benefit family members of AMLA staff.

Private specialised medical clin- ic chains, providing a wide range of healthcare services and treat- ments and five top-tier private health clinic chains.

Public municipality clinics in Vilnius for primary outpatient healthcare services, including family medicine, dentistry and home care, as well as secondary specialised outpatient health- care services and day hospital services.

State and municipality hospi- tals, bolstered by an addition- al five hospitals specialising in dentistry, oncology, obstetrics and psychiatric care. This robust healthcare infrastructure en- sures a comprehensive and di- verse range of medical services for the community.

Access to the labour market, social security & medical care Lithuania boasts a comprehensive healthcare sys- tem comprising both public and private healthcare institutions.

Emergency services are provided free of charge to all permanent residents of Lithuania, regardless of their nationality or whether they are covered by compulsory health insurance.

Access to medical care

Labour market and its capacity to offer international job opportunities

8

10

15

According to NordLayer Index, Lithuania performs extremely well in legal actions (1st place), responds well to emerging cyber threats (2nd place) and demonstrates excellent cybersecurity (3rd place). In addition, Lithuania is strong in terms of infrastruc- ture (4th place) and attractive to tourists (10th place).

Lithuania is ranked 8th in the world in terms of remote work conditions. 8thAn up-to-date tool to search

for highly qualified jobs at international companies in Vilnius

Read more

18

The Work in Lithuania platform serves as a link be- tween people looking to land their dream job and international companies keen on hiring specialists from abroad. The platform sees constant growth, with the number of monthly visitors rising to more than 27,000, with more than 1,300 monthly job ap- plication submissions. The community of employers using the platform to look for global talent has also expanded from 190 to over 250. While the number of international employers still outside the platform might be even more significant.

Vilnius is the most business-friendly city in emerg- ing Europe, topping the 2023 Business-Friendly City Perception Index. Vilnius scored particularly well in the business climate, pool of talent, infrastructure and connectivity and quality of life categories.

® Joana Suslavičiūtė

Of young professionals exhibit fluency in English.

85%

Of public sector services have undergone digitalisation, exemplifying a robust

commitment to efficiency, accessibility and modernization in the delivery of

essential government services.

90%

International House Vilnius is ready to assist newcomers with anything they might encounter on their way towards integrating seamlessly in Lithuania’s capital.

IH Vilnius offers free consultations and services related to relocation to Lithuania and living in Vilni- us, from residence permits and social insurance, to employment services, taxes, starting a business and much more. IH Vilnius has united the Migration De- partment, Tax Inspectorate, Social Insurance Agen- cy and Employment Service, all of which have repre- sentatives working at IH Vilnius and serving foreign clients as a one-stop shop, creating huge benefits for customers. As such, foreigners receive all the necessary services in one visit and specialists from different institutions can consult with each other and jointly find the best solutions to unusual situa- tions.

More about International

House of Vilnius

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