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On 16 October 2019, the European Banking Authority (EBA) published another Opinion on the updated Payment Services Directive (PSD2) and in particular its provisions on Strong Customer Authentication (SCA)
On 2 February 2021, former interim chief executive of the Financial Conduct Authority (FCA), Christopher Woolard CBE, published a review on the risks of the currently unregulated buy now pay later (BNPL) products (the ...
On 25 March 2021, the German Federal Court (the highest civil court in Germany) ruled that German merchants are allowed to apply a surcharge on payments made via PayPal and Sofort.
Regulation issued by Bank of Italy on 11 October 2018 ("Regulation") – implementing certain provisions of the Directive (EU) 2015/2366 ("PSD2") and Legislative Decree 15 December 2017, n. 218 – introduced the obligation ...
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.
On 5 February 2020, the European Banking Authority (EBA) issued a public consultation on changes to the anti-money laundering and counter-terrorist financing (AML/CTF) risk factors guidelines (Guidelines).
On 21 January 2020, members of our international payments team shared their insights into the state of payments regulation and some of the legal issues that arise for businesses.
On Monday 24th February, the Dutch Data Protection Authority (Autoriteit Persoonsgegevens, AP) communicated that it had initiated investigations into Dutch companies holding a PSD2 authorisation to access and process ...
On 20 February 2020, the Danish Financial Supervisory Authorities (Danish FSA) published consultations on two new executive orders on outsourcing in the financial sector setting out the requirements to financial ...
DG COMP is investigating Apple Pay. In this article, we discuss some of the issues that, we believe, must be discussed at part of that investigation.