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  1. Twobirds news
    09 October 2020
    Bird & Bird advises investor Antin on a joint venture between Eurofiber and Vattenfall
    www.twobirds.com/en/news/press-releases/2020/germany/bird-and-bird-advises-investor-antin-on-a-joint-venture-between-eurofiber-and-vattenfall

    Bird & Bird LLP advised the private equity firm Antin Infrastructure Partners, the sole shareholder of Eurofiber, on the formation of a joint venture between Eurofiber and Vattenfall.

  2. Legal news
    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

  3. Legal news
    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.

  4. Legal news
    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.

  5. Legal news
    26 August 2020
    eWpG: German Ministries publish draft for a new Electronic Securities Act
    www.twobirds.com/en/news/articles/2020/germany/german-ministries-publish-draft-for-a-new-electronic-securities-act

    The German Federal Ministry for Justice and Consumer Protection and German Federal Ministry of Finance recently published their draft for the proposed “act to introduce electronic securities”.

  6. Legal news
    15 October 2018
    PSD2/ZAG: Update: Intra Group Exemption remains in Effect
    www.twobirds.com/en/news/articles/2018/germany/psd2-zag-update-konzernausnahme-bleibt-doch-weitestgehend-unangetastet

    The implementation of the Second Payment Services Directive (PSD2) in form of German Zahlungsdiensteaufsichtsgesetz (ZAG – Payment Services Oversight Act) required a number of adjustments in payment services as of ...

  7. Legal news
    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 ...

  8. Legal news
    27 May 2020
    Insolvency of wallet providers and crypto depositories in Germany
    www.twobirds.com/en/news/articles/2020/germany/insolvency-of-wallet-providers-and-crypto-depositories-in-germany

    Especially in view of the crisis resulting from the Corona pandemic, the question arises: What happens to tokens in insolvency, especially if they are held in safekeeping by a service provider for his customers?