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On 4 March 2019, the EU Council formally endorsed the final version of the EU Regulation amending Regulation No 924/2009 on cross-border payments in the EEA (the Cross-Border Regulation).
On 18 March 2019, the European Banking Authority (EBA) launched its central electronic register under the Payments Services Directive (PSD2).
It can be argued that the principle purposes of the General Data Protection Regulation (Regulation (EU)
2016/679) ('GDPR') and the Payment Services Directive (Directive (EU) 2015/2366) ('PSD2') are in contrast with one ...
The President and the Prime Minister of Poland have announced a package of support measures for society and entrepreneurs called the Anti-Crisis Shield.
Following the outbreak of COVID-19, the financial sector as well as the government are taking several actions to mitigate negative economic consequences in an effort to keep the financial system in a good condition.
In response to COVID-19 pandemic, various financial first aid measures were adopted in the Czech Republic including loan programs or pecuniary support. Other financial first aid measures shall follow in near future.
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 ...
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.
Bird & Bird assisted wflow.com with preparing it for investment from Scio (www.scio.cz, s.r.o.) through minority share transfer. wflow.com is a Czech startup company focused on bookkeeping processes automation and ...
Our Polish office have authored a section of the recently published ‘How to do Fintech in Poland’ report. In this report Sławomir Szepietowski, Marta Stanisławska, and Kuba Ruiz outline the regulatory issues connected ...