About the Center of Excellence in Anti-Money Laundering

About us

Launched on May 17, 2021, The Center of Excellence in Anti-Money Laundering is the first public-private sector partnership in Europe, operating as a separate institution. By pooling the experience, knowledge, and competencies of law enforcement, supervisory, and other public authorities and private sector representatives, we are creating a safer financial system in Lithuania.

The Center’s team currently consists of eight specialists who supervise four groups organising and coordinating public-private sector cooperation. We represent the interests of both the private and public sectors. By uniting various organisations, we anticipate that all our work is measurable, valid, and adds value to financial crime prevention for the society, state, market players, and professional experts.

Strategic directions

Partnership

We actively cooperate with state and law enforcement institutions.

Strategic cooperation

We aim for more active cooperation between the public and private sectors.

International cooperation

We actively exchange information with experts from other countries and international institutions and organisations.

Education/Awareness

  • We develop the competencies of public and private institutions’ staff in PP/TF prevention.
  • We educate the public about the prevailing trends in financial crime.
  • We develop the competencies and knowledge of private sector specialists responsible for PP/TF prevention.

Innovations

  • We administer a platform for public and private sector cooperation and information sharing in AML/CFT prevention.
  • We develop technological tools to improve the fight against financial crimes.

Progress

  • We improve the national PP/TF prevention system.
  • We strengthen public and private sector awareness of the threats posed by financial crime.

Team

Director of the Centre of Excellence in Anti-Money Laundering

Eimantas Vytuvis

Director of the Centre of Excellence in Anti-Money Laundering

Eimantas Vytuvis

Eimantas Vytuvis started his career in the police and continued in the Special Investigation Service, where he investigated corruption crimes. Afterward, he worked on AML issues in Nordea and Luminor Banks. Since April 2018, he has been the Head of Customer Risk Management at Luminor Group. E. Vytuvis is a certified specialist of ACAMS, a global organization of financial crime-fighting professionals.

Tactical Cooperation Group Coordinator

Elčin Mamedov

Tactical Cooperation Group Coordinator

Elčin Mamedov

E. Mamedov has years of experience in law enforcement, where he has developed particularly sharp strategic thinking skills. These help him objectively identify suspicious financial activities and actions while fighting high-profile crimes. E. Mamedov is a graduate of the International Association for Compliance (ICA).

Coordinator of the Accreditation, Training and Events Team

Sonata Barvainienė

Coordinator of the Accreditation, Training and Events Team

Sonata Barvainienė

With numerous years of experience in the financial institution development field, S. Barvainienė spent an exceptionally long time developing new products. The organisational and planning skills acquired during her career helped her develop the Center's activities and understand what the processes of competence development and the organisation should look like. S. Barvainienė is a certified ICA specialist.

Coordinator of the Technology Development Group

Andrius Dargevičius

Coordinator of the Technology Development Group

Andrius Dargevičius

Andrius has spent most of his career in financial institutions in the data management field. During his years of experience, Andrius has developed analytical thinking that is particularly helpful in money laundering-related threats’ identification, development, and trends. A. Dargevičius is a certified specialist of the global organization of financial crime professionals ACAMS.

Expert

Deivydas Razminas

Expert

Deivydas Razminas

Deividas has spent his entire career in the anti-money laundering field. By pooling experience from different sectors, he has developed the skills needed to quickly anticipate and identify both traditional and modern threats related to fraud and money laundering.

Expert

Simona Niedvaraitė

Expert

Simona Niedvaraitė

Simona has professional experience in the money laundering and terrorist financing field. This work has not only helped her develop the necessary competencies for combating money laundering, but also to gain knowledge on how to effectively carry out preventive activities. S. Niedvaraitė is a certified Anti-Money Laundering Specialist (ACAMS).

Head of Communications

Ieva Vaitkienė

Head of Communications

Ieva Vaitkienė

I. Vaitkienė's extensive international experience in the field of communication and acquired competences help to strategically assess effective publicity actions and to communicate effectively with both Lithuanian and international partners.

2 trillion EUR

It is estimated that around EUR 2 trillion is laundered by financial fraudsters worldwide every year.