12 January 2018
Germany PSD II – Application period started!
www.twobirds.com/en/news/articles/2018/germany/psd-ii-zag-die-antragsfrist-laeuft

07 May 2019
PSD2/ZAG: Strong Customer Authentication and Direct Debiting Schemes
www.twobirds.com/en/news/articles/2019/germany/psd2-zag-strong-customer-authentication-and-direct-debiting-schemes

German regulator BaFin limits the application of strong customer authentication for direct debiting schemes.

17 May 2019
Liberation of Crowdfunding in germany
www.twobirds.com/en/news/articles/2019/germany/liberation-of-crowdfunding-in-germany

German Legislator reforms rules for crowdfunding allowing for broader exemption, transparency and investor protection

02 July 2019
German implementation of AMLD5: Performance of anti-money laundering due diligence by third parties under the draft bill for the implementation of Directive (EU) 2018/843
www.twobirds.com/en/news/articles/2019/germany/german-implementation-of-amld5

The German Ministry of Finance published a proposal to implement Directive (EU) 2018/843 (fifth Anti-Money Laundering Directive) into German national law. The draft proposes changes when using trusted third parties.

16 August 2019
PSD2: Germany’s BaFin pulls emergency brakes on account interfaces. Fintechs stand to benefit, banks must step up their game.
www.twobirds.com/en/news/articles/2019/global/psd2-germanys-bafin-pulls-emergency-brakes-on-account-interfaces

Germany’s Federal Financial Supervisory Authority (BaFin) concludes in a circular that bank’s new account interfaces do not conform to PSD2 requirements. They may thus not switch off access through existing interfaces.

03 July 2017
Electronic Payment Systems Regulations in the UAE
www.twobirds.com/en/news/articles/2017/global/electronic-payment-systems-regulations

To aid the UAE government's efforts to position the UAE as a leader in digital services, on 1 January 2017, the UAE Central Bank published the Regulatory Framework For Stored Values and Electronic Payment Systems (the ...

24 March 2021
Implications following the Wirecard case – and Greensill?
www.twobirds.com/en/news/articles/2021/germany/implications-following-the-wirecard-case-and-greensill

The draft bill of the Financial Market Integrity Strengthening Act (Finanzmarktintegritätsstärkungsgesetz – FISG) and the seven-points plan to reform Germany’s Federal Financial Supervisory Authority (Bundesanstalt für ...

10 August 2016
FinTech Company Holvi sold to BBVA
www.twobirds.com/en/news/press-releases/2016/global/fintech-company-holvi-sold-to-bbva

23 May 2019
ICO: Legal Classification of Tokens: part 1 Issuance of coins
www.twobirds.com/en/news/articles/2019/global/ico-legal-classification-of-tokens

Part 1/5: The Issuance of coins and tokens are an innovative way to raise capital and fund projects using distributed ledger technology. This first part introduces the technology, its structure and basic legal ...

29 May 2019
ICO: Legal Classification of Tokens: part 3 - Currency Token
www.twobirds.com/en/news/articles/2019/global/ico-legal-classification-of-tokens-3

Part 3/5 - Currency Token: Currency Token, also called cryptocurrency, are the origin of token. The most well-known example for a coin is Bitcoin. Other examples of Currency Token are Ethereum (or Ether) and Ripple