Die Schockwellen des Wirecard-Skandals wirkten bis in das politische Berlin. Über Nacht waren 1,9 Milliarden Euro verschwunden. Das Finanzministerium ist seither um Schadensbegrenzung bemüht und versucht, verloren ...

After financial scandals, Germany envisions changes to its financial regulatory frameworks. The bill presented by the Federal Ministry of Finance proposes sweeping changes regarding the supervision of outsourcers.

The European Banking Authority (EBA) published three regulatory instruments to address de-risking practices based on its call for input.

On 24 March 2021, the PSR published its Annual Plan and Budget for the forthcoming year, outlining its plans to improve outcomes in payments now, but also in the future. The PSR is the first economic regulator to ...

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.

Am 25. März 2021 bestätigte der BGH in einem Urteil, dass Händler in Deutschland bei Zahlungen mit PayPal und Sofort eine Gebühr erheben dürfen.

After Budget 2020, Chancellor Rishi Sunak asked Ron Kalifa OBE to conduct an independent review of the UK’s fintech sector. The Kalifa Review of UK Fintech (the Review), published on 26 February 2021, outlines a ...

The Danish Financial Supervisory Authority (Danish FSA) and the Danish Competition and Consumer Authority (DCCA) have issued new guidelines under Article 63 of the Danish Payments Act (DPA) (transposing PSD2 ...

The German parliament (Bundestag) has passed a new version of the money laundering offence, which has far-reaching implications for the fulfillment of obligations under the Money Laundering Act.

The government draft of the Electronic Securities Introduction Act (eWpG) will also change the facts of the crypto custodian.