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  1. Legal news
    01 April 2020
    The New Danish requirements for Outsourcing in the Financial Sector - How to become compliant
    www.twobirds.com/en/news/articles/2020/denmark/skaerpede-krav-til-outsourcing-i-den-finansielle-sektor

    The new executive order on outsourcing for credit institutions etc. – expected to become effective on 1 July 2020 – introduces stricter requirements for corporate governance and for new and existing outsourcing ...

  2. Legal news
    08 April 2020
    Postponement Of Holidays In Connection With COVID-19
    www.twobirds.com/en/news/articles/2020/denmark/covid-19-udskydelse-af-ferie-i-forbindelse-med-covid-19

    On 2 April 2020, the Danish government has passed act no. 348 on postponement of holidays in connection with COVID-19 allowing employers to postpone employees’ holidays accrued to the next holiday period.

  3. Twobirds news
    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 ...

  4. Legal news
    25 March 2020
    COVID-19: International Restructuring & Insolvency update
    www.twobirds.com/en/news/articles/2020/global/covid-19-international-r-and-i-briefing

    As the Novel coronavirus (COVID-19) pandemic continues to spread across the globe, people and businesses are facing unprecedented challenges, both immediate and strategic. Governments in various jurisdictions have ...

  5. Legal news
    16 April 2020
    Revised EU Cross-Border Payment Regulation – Delayed enforcement of its provisions on currency conversion
    www.twobirds.com/en/news/articles/2020/global/revised-eu-cross-border-payment-regulation-delayed-enforcement-of-its-provisions

    The European Commission (EC) published a statement on 9 April 2020, in relation to the revised EU Cross-Border Payments Regulation (CBPR2). In that statement, the EC refers in particular to the CBPR2 provisions on ...

  6. Legal news
    25 August 2020
    RegTech: EBA launches an industry survey
    www.twobirds.com/en/news/articles/2020/global/regtech-eba-launches-an-industry-survey

    On 12 August 2020, the European Banking Authority (EBA) launched a Regtech industry survey inviting all relevant stakeholders, such as financial institutions and ICT third party providers, to share their views and ...

  7. Legal news
    09 October 2018
    FCA releases consultation paper on regulatory technical standards for strong customer authentication and secure open standards of communication under PSD2
    www.twobirds.com/en/news/articles/2018/global/fca-releases-consultation-paper-on-regulatory-technical-standards

    Our payment services team summarise the FCA's latest Consultation Paper on the Regulatory Technical Standards on Strong Customer Authentication and Common and Secure Communication.

  8. Legal news
    03 August 2018
    EBA has published its final report on draft technical standards on home-host cooperation in relation to passporting under PSD2
    www.twobirds.com/en/news/articles/2018/global/eba-published-final-report-on-draft-technical-standards-on-home-host-cooperation

    On 31 July 2018, the European Banking Authority (EBA) published its final report on draft regulatory technical standards (RTS) on cooperation between competent authorities in home and host Member States in the ...

  9. Legal news
    24 February 2020
    Danish implementation of EBA guidelines on outsourcing
    www.twobirds.com/en/news/articles/2020/denmark/danish-implementation-of-eba-guidelines-on-outsourcing

    On 20 February 2020, the Danish Financial Supervisory Authorities (Danish FSA) published consultations on two new executive orders on outsourcing in the financial sector setting out the requirements to financial ...