Your search for

8 results were returned

  1. Legal news
    11 October 2018
    The CJEU provides clarity on the definition of a "payment account"
    www.twobirds.com/en/news/articles/2018/global/the-cjeu-provides-clarity-on-the-definition-of-a-payment-account

    On 4 October 2018, the Court of Justice of the European Union (CJEU) ruled that a bank account which does not allow the account holder to make payments to third parties, or to receive payments from third parties, does ...

  2. Legal news
    02 August 2021
    EU publishes package of legislative proposals aimed at strengthening AML/CFT rules
    www.twobirds.com/en/news/articles/2021/global/eu-publishes-package-of-legislative-proposals-aimed-at-strengthening-aml-cft-rules

    On 20 July 2021, the European Commission published a package of legislative proposals aimed at strengthening the EU's anti-money laundering and countering terrorism financing (AML/CFT) rules. The AML package is ...

  3. Legal news
    06 May 2021
    Bigtech entry in the payment sector raises potential competition law risks according to the French Competition Authority
    www.twobirds.com/en/news/articles/2021/global/bigtech-entry-in-the-payment-sector-raises-potential-competition-law-risks

    On 29 April The French Competition Authority (FCA) published its report on the Fintech sector (available here, in French). This report follows its payment sector inquiry launched in January 2020, which primarily focused ...

  4. Legal news
    07 May 2019
    The EC puts an end to decades of competition law enforcement against interchange fees: What's next for interchange fees?
    www.twobirds.com/en/news/articles/2019/global/ec-puts-an-end-to-decades-of-competition-law-enforcement-against-interchange-fees

    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 ...

  5. Legal news
    09 September 2021
    NextGenerationEU funds and National Recovery and Resilience Plans
    www.twobirds.com/en/news/articles/2021/global/nextgenerationeu-funds-and-national-recovery-and-resilience-plans

    The European Commission has launched its largest package of economic stimulus measures in order to speed up the recovery of EU economies damaged as a result of the COVID-19 pandemic. However, recipient companies must be ...

  6. Legal news
    19 July 2021
    Dutch competition authority closes regulatory investigation into NFC antenna
    www.twobirds.com/en/news/articles/2021/netherlands/dutch-competition-authority-closes-regulatory-investigation-into-nfc-antenna

    The Dutch competition authority (ACM) has decided to close its investigation into payment apps’ access to Apple’s Near-Field Communication (NFC) antenna. The ACM concludes that the EU Interchange Fee Regulation (IFR) ...

  7. Legal news
    16 November 2021
    Recovery of Unlawful State aid in Asset deals: why is it a challenging risk for purchasers?
    www.twobirds.com/en/news/articles/2021/finland/recovery-of-unlawful-state-aid-in-asset-deals

    Sometimes recovery of unlawful State aid may require the recovery to be extended to an undertaking to which the original beneficiary has transferred or sold part of its assets.

  8. Legal news
    23 March 2020
    Managing merger control filings during COVID-19
    www.twobirds.com/en/news/articles/2020/global/managing-merger-control-filings-during-covid-19

    A brief overview of the challenges created by the COVID-19 crisis, the coping strategies of competition authorities, and suggestions on what can be done if you are working on a project requiring merger control approval.