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  1. Legal news
    10 September 2019
    No general transition period granted in Sweden for implementation of SCA for remote card-based transactions - but with certain exceptions
    www.twobirds.com/en/news/articles/2019/sweden/no-general-transition-period-granted-in-sweden-for-implementation-of-sca-for-remote-card-based

    The Swedish Financial Supervisory Authority (the "SFSA") confirms that no general transition period will apply in Sweden for the implementation of strong customer authentication (SCA) in relation to remote card-based ...

  2. Legal news
    21 May 2020
    Swedish law now requires a direct payment option to be displayed first
    www.twobirds.com/en/news/articles/2020/sweden/swedish-law-now-requires-a-direct-payment-option-to-be-displayed-first

    The Swedish Parliament has approved an amendment to the Swedish Payment Services Act (2010:751) that introduces a new provision regarding the display of payment solutions online.

  3. Twobirds news
    26 April 2021
    Bird & Bird grows its Finance & Financial Regulation practice in Stockholm with the appointment of Olof Wetterling as partner
    www.twobirds.com/en/news/press-releases/2021/sweden/bird-and-bird-vaxer-inom-finance-and-financial-regulation-olof-wetterling-ansluter-som-partner

    International law firm Bird & Bird today announces the expansion of its Finance & Financial Regulation practice with the hire of Olof Wetterling as a partner in Stockh0lm. Olof will start at the firm on the 15th of May.

  4. Legal news
    03 April 2020
    Governmental grants and financial assistance available for Swedish companies in distress due to COVID-19
    www.twobirds.com/en/news/articles/2020/sweden/governmental-grants-and-financial-assistance-available-for-swedish-companies

    With the 2019 Novel Coronavirus (Covid-19) continuing to spread globally, the effort to contain the viral outbreak by governments and health organisations has put pressure on major economies. Many companies are facing ...

  5. Legal news
    19 December 2018
    Proposals issued by the European Commission to require payment service providers to disclose VAT details
    www.twobirds.com/en/news/articles/2018/global/proposals-issued-by-ec-require-payment-service-providers-to-disclose-vat-details

    We analyse the European Commission's proposed amendments, which could require payment service providers (PSPs) to disclose payment transaction data to Member States.

  6. Legal news
    11 June 2021
    On 10 June 2021, the European Banking Authority (EBA) published its final revised Guidelines on major incident reporting under the Payment Service Directive (PSD2) - (the “Guidelines” - EBA/GL/2021/03).
    www.twobirds.com/en/news/articles/2021/global/on-10-june-2021-the-european-banking-authority-eba-published-its-final-revised-guidelines

    Introduction and background Pursuant to article 96(3) of Directive (EU) 2015/2366 (PSD2), the original Guidelines on major incident reporting were developed in 2017 in close cooperation with the European Central Bank ...

  7. Legal news
    14 January 2019
    Analysis of innovation facilitators established in the EU
    www.twobirds.com/en/news/articles/2019/global/analysis-of-innovation-facilitators-established-in-the-eu

    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.

  8. Legal news
    24 July 2018
    EBA publishes final Guidelines on fraud reporting under PSD2
    www.twobirds.com/en/news/articles/2018/global/eba-publishes-final-guidelines-on-fraud-reporting-under-psd2

    The European Banking Authority (EBA) has published the final Guidelines on fraud reporting under the revised Payment Services Directive (PSD2).