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1. An important piece of legislation designed to address and mitigate the potentially grave economic consequences of the coronavirus, Governmental Decree No. 47/2020 (III.18.) entered into force on 19 March 2020 (the ...
Our payments team focus in on some of the observations set out in the ESA's joint comparative analysis of the innovation facilitators in the EU.
On 7 February 2018, the CJEU handed down two important judgments interpreting the EU Interchange Fee Regulation (IFR) and PSD2.
We analyse the European Commission's proposed amendments, which could require payment service providers (PSPs) to disclose payment transaction data to Member States.
On 10 September 2019, the Hungarian National Bank (HNB) issued a press release (available in English here and in Hungarian here [PLEASE INCLUDE HYPERLINKS FROM WORD DOC]) in which it provides Hungarian cards issuers and ...
We provide below a brief recap on the many-many years of competition law enforcement by the European Commission (EC) against interchange fees, a summary of the EC decision of 29 April 2019 related to Visa's and ...
The European Banking Authority (EBA) has published the final Guidelines on fraud reporting under the revised Payment Services Directive (PSD2).
The so-called "PSD2" is the revision of an existing directive from 2007, called the "Payment Services Directive" or "PSD" or "PSD1".
International law firm Bird & Bird today announces the merger of its Baseline consulting arm with Valeocon Management Consulting, creating one of the largest management consultancy firms linked to an international law ...
The NISR (Network and Information Systems Regulations), which came into force on 9 May 2018, are designed to protect the critical national infrastructure of EU countries in the event of a cyber attack.