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  1. 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.

  2. 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 ...

  3. 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.

  4. Legal news
    15 November 2019
    Sustainability – base level for financial products, not a bonus. Market adapting to increased investor demand and recent regulatory changes
    www.twobirds.com/en/news/articles/2019/global/sustainability-base-level-for-financial-products-not-a-bonus

    Investors, business partners and employees are pushing issuers to facilitate the brown-to-green transition. At the same time, banks are facing increasing pressure to finance this transition. The future will tell how 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
    24 July 2018
    EBA publishes final Guidelines on fraud reporting under PSD2
    www.twobirds.com/en/news/articles/2018/global/eba-publishes-final-guidelines-on-fraud-reporting-under-psd2

    The European Banking Authority (EBA) has published the final Guidelines on fraud reporting under the revised Payment Services Directive (PSD2).

  7. 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 ...

  8. 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 ...