We warmly invite you to our next breakfast seminar to be held on 4 April 2019 (Thursday), 9 – 11 AM.
FinTech continues to transform the financial services sector with new regulations and technologies, enabling new players to enter the market and requiring existing players to adapt. This seminar looks at some of the recent trends in the market with a focus on the competition law implications of new players entering the payments market and the practicalities banks and FinTech companies experience when trying to comply with the PSD2 regime.
The language of the event will be English.
If you cannot make it to the seminar but think any of your colleagues could be interested in attending please kindly forward this invitation to them.
The program will be moderated by Konrád Siegler, Partner - Bird & Bird Hungary.
08:30 - 09:00 Registration and breakfast
09:00 - 09:45 Competition law aspects of Open Banking operation
In this section we will address some interesting competition law aspects of Open Banking requirements, including:
• the extent to which compliance with PSD2 will make you compliant with competition law requirements;
• the competition law limitations of bank communities jointly developing APIs;
• the dos and don’ts of information sharing in the Open Banking context;
• whether competition law would require permitting third party access to data beyond what is prescribed by the Open Banking Regulation.
09:45 - 10:15 The road to Open Banking in Hungary
In this section we will address important angles of Open Banking, such as:
• regulatory background;
• the FinTech market in Hungary;
• the reaction of banks;
• what does the customer see from Open Banking?
10:15 - 11:00 Q&A and networking
