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 ...

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

01 June 2018
Public Consultation on 'Regulatory Sandbox' in Spain
www.twobirds.com/en/news/articles/2018/spain/public-consultation-on-regulatory-sandbox-in-spain

Spanish Ministry of Economy launches a Public Consultation on the implementation of a 'Regulatory Sandbox' regime for Financial Services in Spain.

16 July 2018
Spanish Ministry of Economy and Enterprise publishes the 'draft Law on the digital transformation of the financial system'
www.twobirds.com/en/news/articles/2018/spain/spanish-ministry-of-economy-and-enterprise-publishes-the-draft-law-on-the-digital-transformation

Spain's Ministry of Economy and Enterprise has published the draft Law on the digital transformation of the financial system' ("anteproyecto de Ley de transformación digital del sistema financiero"). This draft includes ...

09 December 2019
Dutch regulators consult in parallel about the online decision-making processes
www.twobirds.com/en/news/articles/2019/netherlands/dutch-regulators-consult-in-parallel-about-the-online-decision-making-processes

Recently, two separate consultations were launched by regulators about the online decision-making environment. This refers to the way in which a website is designed to sell products or services. The consultations are ...

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.

10 October 2019
Bird & Bird launches an international report on the potential application of blockchains and the criteria for fresh regulation
www.twobirds.com/en/news/press-releases/2019/global/bird-and-bird-launches-an-international-report-on-the-potential-application-of-blockchains

International law firm Bird & Bird today launches a report, "Blockchains uncut: risks, rewards and regulations" which explores the potential application of blockchain technologies and highlights where new regulation may ...

03 September 2020
Bird & Bird strengthens its Middle East offering with the appointment of partner and global head of Islamic finance Gregory Man in Dubai
www.twobirds.com/en/news/press-releases/2020/uae/bird-and-bird-strengthens-its-middle-east-offering

International law firm Bird & Bird has appointed partner Gregory Man as the new global head of Islamic finance based in Dubai. Gregory will also head the Finance & Financial Regulation practice in the Middle East.

09 October 2019
ICO – Germany’s BaFin publishes new guidance notice on crypto token regulation
www.twobirds.com/en/news/articles/2019/germany/ico-neues-bafin-merkblatt

On 16 August 2019, the German Federal Financial Supervisory Authority (BaFin) published an updated guidance notice (German) on the issuance of crypto token (e.g. through ICO, ITS or TGE) providing assistance with ...

07 August 2019
Implementation of the fifth Anti-Money Laundering Directive: Rise or Demise of the German Crypto Market?
www.twobirds.com/en/news/articles/2019/germany/umsetzung-der-5-geldwaescherichtlinie

The German Ministry of Finance (Bundesministerium der Finanzen – BMF) published a draft legislative proposal (German) to implement the European directive to amend the fourth European anti-money laundering directive ...