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  1. Legal news
    12 December 2018
    Memorandum of Understanding details the common approach of some EU national regulators to monitoring the separation of card schemes and processing units under the IFR
    www.twobirds.com/en/news/articles/2018/global/mou-details-common-approach-of-some-eu-regulators-separation-of-card-schemes-and-processing-units

    Regulators in eight Member States (Belgium, Czech Republic, Denmark, Finland, Italy, Lithuania, Netherlands, UK) have entered into a memorandum of understanding (MoU) which aims to develop a consistent approach to ...

  2. Legal news
    23 May 2019
    ICO: Legal Classification of Tokens: part 1 Issuance of coins
    www.twobirds.com/en/news/articles/2019/global/ico-legal-classification-of-tokens

    Part 1/5: The Issuance of coins and tokens are an innovative way to raise capital and fund projects using distributed ledger technology. This first part introduces the technology, its structure and basic legal ...

  3. Legal news
    11 June 2019
    ICO: Legal Classification of Tokens – Update BaFin’s view
    www.twobirds.com/en/news/articles/2019/global/icolegal-classification-of-tokens

    Depending on the rights a Token conveys, it can be a Security Token, a Currency Token, a Utility Token or take a hybrid form. Legal literature and regulatory practice can at times diverge.

  4. Legal news
    17 January 2019
    EBA and ESMA reports on crypto-assets
    www.twobirds.com/en/news/articles/2019/global/eba-and-esma-reports-on-crypto-assets

    On January 9, 2019, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) each published advice on crypto-assets to the European Commission (EC) and the European Union ...

  5. Legal news
    21 January 2019
    When is an air carrier not an air carrier? A Regulation 261 anomaly
    www.twobirds.com/en/news/articles/2019/global/when-is-an-air-carrier-not-an-air-carrier-a-regulation-261-anomaly

    On 6 December 2018 the European Court of Justice ("ECJ") issued a preliminary ruling concerning the interpretation of EU Regulation 261/2004 ("Regulation 261") Article 2(a), Article 5(1)(c) and Article 7(1). These ...

  6. Legal news
    09 April 2019
    EBA publish their final report on their guidelines on outsourcing arrangements
    www.twobirds.com/en/news/articles/2019/global/eba-publish-their-final-report-on-their-guidelines-on-outsoucing-arrangements

    On 25 February 2019, the European Banking Authority (EBA) published their final report on their guidelines on outsourcing arrangements.

  7. Legal news
    01 April 2019
    EBA published first responses to concerns raised by its Working Group on APIs under PSD2
    www.twobirds.com/en/news/articles/2019/global/eba-published-first-responses-to-concerns-raised-by-its-working-group-on-apis-under-psd2

    On 11 March 2019, the European Banking Authority (EBA) published clarifications to the first set of issues that had been raised and discussed by participants of its Working Group (WG) on Application Programming ...

  8. Legal news
    19 November 2019
    CRD IV: EBA launches consultation on draft amended technical standards on passport notification
    www.twobirds.com/en/news/articles/2019/global/eba-launches-consultation-on-draft-amended-technical-standards-on-passport-notification

    On 13th November 2019, the European Banking Authority (EBA) published a Consultation Paper on the draft amended Regulatory Technical Standards (RTS) and Implementing Technical Standards (ITS) on passport notification. ...

  9. Twobirds news
    24 July 2019
    Bird & Bird advises Cubico on the closing of its €75m Italian solar refinancing
    www.twobirds.com/en/news/press-releases/2019/global/bird-and-bird-advises-cubico-on-the-closing-of-its-75m-euro-italian-solar-refinancing

    International law firm Bird & Bird advises Cubico Sustainable Investments, a global investor in renewable energy, on its €75m financial close on the refinancing of 14 solar assets in Italy with a combined capacity of ...

  10. Twobirds news
    01 October 2018
    Bird & Bird boosts Finance Practice and Energy & Utilities Sector Group with the appointment of Pierpaolo Mastromarini as partner in Italy
    www.twobirds.com/en/news/press-releases/2018/italy/bird-bird-boosts-finance-and-energy-utilities-group-with-the-appointment-of-pierpaolo-mastromarini

    International law firm Bird & Bird today boosts its Finance Practice and Energy & Utilities Sector Group with the appointment of Pierpaolo Mastromarini as a partner in Italy.