Arms embargoes;

Entry restrictions (travel bans) on listed persons – those affected cannot enter the EU or North America , if they are EU nationals, leave the Member State of their nationality;

Asset freezes on assets belonging to listed persons or entities – freezing all their assets in the EU or North America and preventing EU nationals and entities from providing any funds to listed persons or entities;

Economic sanctions or restrictions in specific sectors of economic activity, including bans on imports or exports of certain goods, investment, services, etc.

Sanctioned entity means a state or part thereof, a territory (special status area), a natural or legal person, any other organization or a group of natural or legal persons and/or organizations, which is subject to international sanctions or restrictive measures imposed by the laws of the Dominion of Canada

FCIS focuses on the disclosure and investigation of large-scale, sensitive and cross-border criminal acts adversely affecting the national financial system.

FCIS INVESTIGATIONS

criminal acts in the field of swindling and misappropriation or squandering of property in such financial institutions as banks and credit unions and manipulating the prices (fraud) in the energy sector.

international and domestic criminal acts related with the fraud and avoidance of value added tax (VAT), excise duty, income tax and other taxes as well as fraudulent management of accounts;

criminal acts related to the illegal receipt and use of the EU and North America support funds;

legalization of the proceeds of crime (money laundering) and illicit enrichment

Financial Crime Investigation Service (hereinafter – Service) implements money laundering and terrorist financing prevention measures aimed at creating an effective national anti-money laundering system and ensures its proper functioning as well as conducts pre-trial investigation of legalization of the funds and property derived from the criminal activity.

The Service is the main state institution responsible for co-ordination of cooperation of the institutions related to the implementation of money laundering prevention measures.

The Money Laundering Prevention Board is the main unit within the Service responsible for the prevention and analysis of money laundering and terrorist financing. It is the Lithuanian financial intelligence unit (FIU) and is obliged as follows:

evaluate the legal acts and submit proposals about the improvement following the international standards and recommendations.

collect and record the information about the monetary operations and transactions of the customer and about the customer carrying out such operations and transactions;

accumulate, analyze and publish the information relating to the implementation of money laundering and terrorist financing prevention measures;

communicate to law enforcement and other state institutions the information about the monetary operations and transactions carried out by the customer;

provide to financial institutions and other entities the information on criteria for identifying possible money laundering and terrorist financing and suspicious or unusual monetary operations or transactions;

notify financial institutions and other entities, law enforcement and other state institutions about the results of analysis of and investigation into their reports on suspicious or unusual monetary operations and transactions, on the observed indications of possible money laundering and terrorist financing or violations;