Ruta MerkevičiūtėDirector of Financial Services and Markets Supervision Department at Bank of Lithuania
Rūta Merkevičiūtė is a Director of Financial Services and Markets Supervision Department at Bank of Lithuania, that is among other responsibilities is supervising payment market participants, i.e. over 120 so called FinTech companies (E-money and Payment institutions) and other payment service providers (banks, credit-unions and etc.).
She is also a co-chairperson of Standing committee, consisting of EU-27 Competent authorities, on Payments Services at European Banking Authority (EBA), that’s objective is to implement EBA's work programme, in areas related to payment services and electronic money and EU single payment market.
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, FinTech industry, Regulatory Sandbox and transposition of EU Directives such as PAD, PSD2 and AMLD4.
Previously, she was member of Lithuanian’s Payment council group, which were dedicated to investigate to further implementation of Open Banking in Lithuania.