03 December 2019
PSD2: transitional period for strong customer authentication for remote card payments in Italy
www.twobirds.com/en/news/articles/2019/italy/psd2-transitional-period-for-strong-customer-authentication-for-remote-card-payments-in-italy

On 29 November 2019, Bank of Italy has issued a press release where it announced that it will grant an adjustment period until 31 December 2020 to comply with the PSD2 strong customer authentication (SCA) requirement ...

01 April 2020
PSD2 and limited network or limited range exclusions (e.g. gift cards): the deadline for reporting data relating to the activity carried out in 2019 has been postponed to 30 June 2020 in Italy
www.twobirds.com/en/news/articles/2020/italy/psd2-and-limited-network-or-limited-range-exclusions

Due to the current emergency caused by the COVID-19 epidemic, Bank of Italy has postponed from 30 April to 30 June 2020 the deadline for reporting data relating to the activity carried out in 2019 by the issuers of ...

05 February 2020
PSD2 and limited network exclusion (e.g. gift cards): by 30 April 2020, issuers of payment instruments covered by the limited network exclusion shall fulfil their reporting obligation towards Bank of Italy
www.twobirds.com/en/news/articles/2020/italy/psd2-and-limited-network-exclusion-by-30-april-2020-issuers-of-payment-instruments

Regulation issued by Bank of Italy on 11 October 2018 ("Regulation") – implementing certain provisions of the Directive (EU) 2015/2366 ("PSD2") and Legislative Decree 15 December 2017, n. 218 – introduced the obligation ...

23 June 2020
Tax credit on commissions related to electronic payments: Revenue Agency and Bank of Italy Regulations
www.twobirds.com/en/news/articles/2020/italy/tax-credit-on-commissions-related-to-electronic-payments

As part of the so-called Italian Budget Law 2020, the Government has introduced measures to promote the use of non-cash means of payment.

20 December 2018
Technology & Communications: Challenges, Opportunities and Predictions for 2019
www.twobirds.com/en/news/articles/2018/global/technology-and-communications-challenges-opportunities-and-predictions-for-2019

As we approach the start of a new year we have asked our legal experts supporting technology & communications clients from around the world to identify some of the challenges and opportunities the sector is likely to ...

16 October 2019
EU Foreign Direct Investment Screening: What Investors Need to Know
www.twobirds.com/en/news/articles/2019/global/eu-foreign-direct-investment-screening-what-investors-need-to-know

In the fall of next year, the long anticipated EU Foreign Direct Investment Screening Regulation will apply. The regulation is likely to have a significant impact on FDI within the EU – both within Member States that ...