12 January 2018
Germany PSD II – Application period started!
www.twobirds.com/en/news/articles/2018/germany/psd-ii-zag-die-antragsfrist-laeuft

15 October 2018
PSD2/ZAG: Update: Intra Group Exemption remains in Effect
www.twobirds.com/en/news/articles/2018/germany/psd2-zag-update-konzernausnahme-bleibt-doch-weitestgehend-unangetastet

The implementation of the Second Payment Services Directive (PSD2) in form of German Zahlungsdiensteaufsichtsgesetz (ZAG – Payment Services Oversight Act) required a number of adjustments in payment services as of ...

16 July 2018
Spanish Ministry of Economy and Enterprise publishes the 'draft Law on the digital transformation of the financial system'
www.twobirds.com/en/news/articles/2018/spain/spanish-ministry-of-economy-and-enterprise-publishes-the-draft-law-on-the-digital-transformation

Spain's Ministry of Economy and Enterprise has published the draft Law on the digital transformation of the financial system' ("anteproyecto de Ley de transformación digital del sistema financiero"). This draft includes ...

01 June 2018
Public Consultation on 'Regulatory Sandbox' in Spain
www.twobirds.com/en/news/articles/2018/spain/public-consultation-on-regulatory-sandbox-in-spain

Spanish Ministry of Economy launches a Public Consultation on the implementation of a 'Regulatory Sandbox' regime for Financial Services in Spain.

09 December 2019
Dutch regulators consult in parallel about the online decision-making processes
www.twobirds.com/en/news/articles/2019/netherlands/dutch-regulators-consult-in-parallel-about-the-online-decision-making-processes

Recently, two separate consultations were launched by regulators about the online decision-making environment. This refers to the way in which a website is designed to sell products or services. The consultations are ...

09 October 2020
Bird & Bird advises investor Antin on a joint venture between Eurofiber and Vattenfall
www.twobirds.com/en/news/press-releases/2020/germany/bird-and-bird-advises-investor-antin-on-a-joint-venture-between-eurofiber-and-vattenfall

Bird & Bird LLP advised the private equity firm Antin Infrastructure Partners, the sole shareholder of Eurofiber, on the formation of a joint venture between Eurofiber and Vattenfall.

10 October 2019
Bird & Bird launches an international report on the potential application of blockchains and the criteria for fresh regulation
www.twobirds.com/en/news/press-releases/2019/global/bird-and-bird-launches-an-international-report-on-the-potential-application-of-blockchains

International law firm Bird & Bird today launches a report, "Blockchains uncut: risks, rewards and regulations" which explores the potential application of blockchain technologies and highlights where new regulation may ...

19 August 2019
Financing Options – New Framework for Startups in Germany
www.twobirds.com/en/news/articles/2019/germany/financing-options-new-framework-for-startups-in-germany

One of the most important questions for every young enterprise is its financing. Business angels, accelerator programmes and classic bank financing are just some of the options. Rather new is the possibility of ...

07 May 2019
PSD2/ZAG: Strong Customer Authentication and Direct Debiting Schemes
www.twobirds.com/en/news/articles/2019/germany/psd2-zag-strong-customer-authentication-and-direct-debiting-schemes

German regulator BaFin limits the application of strong customer authentication for direct debiting schemes.

17 May 2019
Liberation of Crowdfunding in germany
www.twobirds.com/en/news/articles/2019/germany/liberation-of-crowdfunding-in-germany

German Legislator reforms rules for crowdfunding allowing for broader exemption, transparency and investor protection