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  1. 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, ...

  2. 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 ...

  3. Legal news
    17 June 2020
    New Danish regulation of outsourcing for credit institutions etc
    www.twobirds.com/en/news/articles/2020/denmark/nye-regler-om-outsourcing-for-kreditinstitutter

    On 1 July 2020, executive order no. 877 of 12 June 2020 on outsourcing for credit institutions etc. (Outsourcing Order) will replace the current executive order on outsourcing of significant areas of activity no. 1304 ...

  4. Legal news
    09 December 2019
    Danish Competition and Consumer Authority publishes first decision and injunction on discriminatory access to accounts maintained by a credit institution
    www.twobirds.com/en/news/articles/2019/denmark/danish-competition-and-consumer-authority-publishes-first-decision-and-injunction

    On 4 December 2019, the Danish Competition and Consumer Authority (DCCA) published their first decision and injunction on discriminatory access to accounts maintained by a credit institution under Article 63(1) of the ...

  5. Legal news
    03 April 2020
    Governmental grants and financial assistance available for Swedish companies in distress due to COVID-19
    www.twobirds.com/en/news/articles/2020/sweden/governmental-grants-and-financial-assistance-available-for-swedish-companies

    With the 2019 Novel Coronavirus (Covid-19) continuing to spread globally, the effort to contain the viral outbreak by governments and health organisations has put pressure on major economies. Many companies are facing ...

  6. Legal news
    13 October 2020
    The issues to be tackled by the new VBER in relation to selective distribution
    www.twobirds.com/en/news/articles/2020/global/the-issues-to-be-tackled-by-the-new-vber-in-relation-to-selective-distribution

    Selective distribution systems are exempted from the application of Article 101(1) of the TFEU if certain conditions laid down in the Vertical Block Exemption Regulation ("VBER") are met. During the process of reforming ...

  7. 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 ...

  8. Legal news
    08 May 2018
    Cyber risks in the automotive industry
    www.twobirds.com/en/news/articles/2018/global/cyber-risks-in-the-automotive-industry

    The Network and Information Systems (NIS) Directive, which aims to increase the security of network and information systems across the EU, becomes law in each Member State on 9 May 2018.

  9. Legal news
    17 September 2018
    CORSIA - A global market-based measure to offset growth in aviation emissions
    www.twobirds.com/en/news/articles/2018/global/corsia-global-market-based-measure-to-offset-growth-in-aviation-emissions

    A brief summary of the Carbon Offsetting and Reduction Scheme for International Aviation, CORSIA, and what airlines should be ready for in 2019

  10. Legal news
    23 April 2020
    Automotive Suppliers Facing the COVID-19 Crisis: Opportunities and Risks for Investors
    www.twobirds.com/en/news/articles/2020/global/automotive-suppliers-facing-the-covid-19-crisis-opportunities-and-risks-for-investors

    In the past few years, many automotive suppliers have been facing increasing financial or operational problems. The COVID-19 pandemic has exacerbated these problems and is putting some of these companies in considerable ...