He obtained his PhD in Vilnius University in 2008. Dr. Tomas Talutis has been practicing law since 2001 and teaching at Mykolas Romeris University since 2008. Currently Dr. Tomas Talutis is giving lectures on banking law and capital markets law. Dr. Tomas Talutis has been simultaneously practicing law as an expert in the field of banking law, capital markets law and insurance law. He gained professional experience at the Lithuanian Insurance Supervisory Commission for five years and for two years as a Commissioner at the Lithuanian Securities Commission, where was in charge of legal issues and implementation of the Markets in Financial Instruments Directive (MiFID).