02 October 2020
How to do Fintech in Poland
www.twobirds.com/en/news/articles/2020/poland/how-to-do-fintech-in-poland

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 ...

18 June 2020
The European Commission opens formal antitrust probes against Apple in relation to Apple Pay and the App Store
www.twobirds.com/en/news/articles/2020/france/the-european-commission-opens-formal-antitrust-probes-against-apple-in-relation-to-apple-pay

While the payment sector is under the authorities’ spotlight with two on-going public consultations on payments and fintech launched by the European Commission (EC – see our alert here) and a separate consultation on ...

07 April 2020
Strong Customer Authentication, Fraud and the Coronavirus Crisis: New UK FCA guidance to firms
www.twobirds.com/en/news/articles/2020/uk/strong-customer-authentication-fraud-and-the-coronavirus-crisis-new-uk-fca-guidance-to-firms

The Financial Conduct Authority (FCA) in the UK has published a series of updates on COVID-19 over recent days and weeks. On 31 March 2020, the FCA updated its guidance to firms on Strong Customer Authentication (SCA) ...

17 February 2021
Germany: What are crypto custodians allowed to do under the draft eWpG?
www.twobirds.com/en/news/articles/2021/germany/germany-what-are-crypto-custodians-allowed-to-do-under-the-draft-ewpg

The government draft of the Electronic Securities Introduction Act (eWpG) will also change the facts of the crypto custodian.

21 August 2019
PSD2: BaFin announces postponing SCA-rules for online credit card payments in Germany
www.twobirds.com/en/news/articles/2019/germany/psd2-bafin-announces-postponing-sca-rules-for-online-credit-card-payments-in-germany

The requirement of Strong Customer Authentication (SCA) for payment service providers was scheduled for 14 September 2019. Germany’s Federal Financial Supervisory Authority (BaFin), however, just announced it will not ...

01 April 2020
PSD2 and limited network or limited range exclusions (e.g. gift cards): the deadline for reporting data relating to the activity carried out in 2019 has been postponed to 30 June 2020 in Italy
www.twobirds.com/en/news/articles/2020/italy/psd2-and-limited-network-or-limited-range-exclusions

Due to the current emergency caused by the COVID-19 epidemic, Bank of Italy has postponed from 30 April to 30 June 2020 the deadline for reporting data relating to the activity carried out in 2019 by the issuers of ...