Giedre Mitkute

Giedre Mitkute works with a range of clients involved in the e-money, cards and payments sector. She provides regulatory guidance on clients’ business operations, runs legal and compliance workshops and drafts B2C and B2B contracts. She also advises on client applications to be an authorised e-money/payment institution.

Giedre was a winner, among others, of the Outstanding Women in Paytech Award at the 2018 Emerging Payments Awards.

As a member of the Prepaid International Forum's Legal and Regulatory Working Group and the Emerging Payments Association’s Project Regulator, she regularly discusses regulatory change impact with industry stakeholders and regulators.

Giedre advises on various regulatory matters, including applications for authorisation as an electronic money institution (EMI), payment institution (PI) and registrations as a small EMI, PI and account information service provider (RAISP). She drafts and negotiates a range of commercial and regulated contracts, including BIN sponsorship/programme manager agreements, contracts for acquiring, card processing and manufacturing and other outsourced services as well as customer-facing payment service contracts.

Giedre’s experience includes secondments at NPSO/Pay.UK (the operator of UK’s retail payment schemes, including Bacs and Faster Payments) and Modulr (provider of business-focused payment accounts and services).

Immediately prior to joining Locke Lord, Giedre worked as a Regulatory Manager at R. Raphaels & Sons plc (Raphaels Bank), overseeing legal and regulatory compliance in relation to provision of payment services and issuance of e-money both in the United Kingdom and across 12 other EEA jurisdictions, including the preparation for the incoming Fourth Anti-Money Laundering Directive and PSD2 changes.