01 April 2020
Increased leeway for horizontal and vertical co-operation in the EU
www.twobirds.com/en/news/articles/2020/global/increased-leeway-for-horizontal-and-vertical-cooperation

Existing competition rules are broad enough to also cater for extraordinary times such as the COVID-19 crisis. The EU as well as the network of European competition authorities are now explicitly acknowledging that ...

12 September 2019
The Hungarian National Bank provides card issuers and acquirers an additional 12 months to comply with PSD2 strong customer authentication
www.twobirds.com/en/news/articles/2019/global/the-hungarian-national-bank-provides-card-issuers-an-additional-12-months-to-comply-with-psd2

On 10 September 2019, the Hungarian National Bank (HNB) issued a press release (available in English here and in Hungarian here [PLEASE INCLUDE HYPERLINKS FROM WORD DOC]) in which it provides Hungarian cards issuers and ...

22 May 2019
European Telecommunications Standards Institute (ETSI) publishes new standard on cybersecurity for consumer IoT
www.twobirds.com/en/news/articles/2019/global/european-telecommunications-standards-institute-etsi-publishes-new-standard-on

Our Commercial team looks at the recently published European standard, which provides greater clarity over the level of cybersecurity expected in IoT products.

05 September 2019
Digital market place regulatory environment in flux: What the Amazon decision can tell us about France’s regulatory environment for P2B players
www.twobirds.com/en/news/articles/2019/global/digital-market-place-regulatory-environment-in-flux

In its judgment produced on the 2 September, the commercial court of Paris considered that a dozen clauses of the general terms and conditions of use imposed by Amazon on its partners to be particularly imbalanced, and ...

19 December 2018
European Electronic Communications Code aims to boost connectivity and competitiveness with the roll-out of very high capacity networks in a 5G era
www.twobirds.com/en/news/articles/2018/netherlands/eu-electronic-communications-code-to-boost-connectivity-with-high-capacity-networks

We describe some of the biggest changes that the new European Electronic Communications Code will bring.

04 May 2020
Czech Republic & LEX COVID & Measures for the Tourism Sector
www.twobirds.com/en/news/articles/2020/czech-republic/czech-republic-and-lex-covid-and-measures-for-the-tourism-sector

Tourism is one of the sectors hardest hit by the current coronavirus outbreak. The Czech Government has prepared several statutory measures that should help people and businesses in these challenging times (the ...

21 December 2020
Influencer marketing Q&A
www.twobirds.com/en/news/articles/2020/global/influencer-marketing-q-and-a

How do brands and influencers maintain authenticity and integrity? How important is the contractual relationship between brand and influencer? What changes might we see in the brand and influencer community over the ...

03 March 2020
Selling to European consumers
www.twobirds.com/en/news/articles/2020/global/selling-to-european-consumers

US businesses are often surprised by how different the regulatory framework is in the UK (and across the EU) for selling directly to consumers. Even large, sophisticated US consumer brands find that the terms on which ...

04 September 2019
Danish FSA grants an additional 18 months to issuers and acquirers in Denmark to comply with the PSD2 SCA requirements - but only for online card payments
www.twobirds.com/en/news/articles/2019/global/danish-fsa-grants-an-additional-18-months-to-issuers-and-acquirers-in-denmark

Pursuant to PSD2, as implemented by the Danish Payments Act, issuers and acquirers need to ensure that the card issuer performs a Strong Customer Authentication (SCA) of the cardholder when it is initiating a payment, ...

09 September 2019
Online Card Payments temporarily exempt from Strong Customer Authentication in Finland
www.twobirds.com/en/news/articles/2019/global/online-card-payments-temporarily-exempt-from-strong-customer-authentication-in-finland

Pursuant to PSD2, as implemented into Finnish law, payment service providers needs to perform SCA when the user accesses its payment account online, when the payer is initiating a payment, or when the user carries out ...