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  1. Legal news
    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 ...

  2. Legal news
    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.

  3. Legal news
    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 ...

  4. Legal news
    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 ...

  5. Legal news
    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 ...

  6. Legal news
    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 ...

  7. Legal news
    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, ...

  8. Legal news
    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 ...

  9. Legal news
    10 September 2019
    No general transition period granted in Sweden for implementation of SCA for remote card-based transactions - but with certain exceptions
    www.twobirds.com/en/news/articles/2019/sweden/no-general-transition-period-granted-in-sweden-for-implementation-of-sca-for-remote-card-based

    The Swedish Financial Supervisory Authority (the "SFSA") confirms that no general transition period will apply in Sweden for the implementation of strong customer authentication (SCA) in relation to remote card-based ...