15 May 2019
Credit risk – BaFin consultation regarding positions associated with particular high risk
www.twobirds.com/en/news/articles/2019/germany/credit-risk-bafin-consultation-regarding-positions-associated-with-particular-high-risk

German regulator BaFin released its new draft circular on exposures associated with high risk.

16 April 2019
Credit risk – BaFin to adjust regulatory practice
www.twobirds.com/en/news/articles/2019/germany/credit-risk-bafin-to-adjust-regulatory-practice

BaFin announces to adopt EBA Guidelines

01 April 2019
Brexit: What do customers of British Financial Institutions in Germany need to know?
www.twobirds.com/en/news/articles/2019/germany/brexit-what-do-customers-of-british-financial-institutions-in-germany-need-to-know

With no foreseeable positive decision regarding Brexit, a so-called No-Deal Brexit is most likely. What does this mean for customers of British financial institutions, the European Passport and is German banking ...

08 July 2019
Statement from the Danish FSA regarding SCA in the light of the opinion from the Danish FSA
www.twobirds.com/en/news/articles/2019/germany/statement-from-the-danish-fsa-regarding-sca

The Danish FSA (DFSA) has just issued a statement following the EBA's opinion of 21 June 2019 on Strong Customer Authentication (SCA).

14 February 2017
Germany: Update - Government Proposal for the implementation of the Second Payment Service Directive (PSD II)
www.twobirds.com/en/news/articles/2017/germany/germany-government-proposal-for-the-implementation-of-the-second-payment-service-directive

17 February 2021
Germany: Extension of Money Laundering Crime burdens Obliged Entities
www.twobirds.com/en/news/articles/2021/germany/extension-of-money-laundering-crime-burdens-obliged-entities

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.

01 April 2020
COVID-19: BaFin complements economic relief measures through lowering countercyclical capital buffer
www.twobirds.com/en/news/articles/2020/germany/covid-19-bafin-complements-economic-relief-measures-through-lowering-countercyclical-capital-buffer

BaFin issued a general decree that lowers the required quota for the domestic countercyclical capital buffer to 0 per cent.

01 April 2020
COVID-19: German Regulator BaFin uses “Full supervisory flexibility”
www.twobirds.com/en/news/articles/2020/germany/covid-19-german-regulator-bafin-uses-full-supervisory-flexibility

The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) set up an emergency Website informing financial institutions, regulated entities and the public on all ...

12 August 2020
AMLD5: Financial investment brokers and anti-money laundering rules
www.twobirds.com/en/news/articles/2020/germany/amld5-financial-investment-brokers-and-anti-money-laundering-rules

The fifth Anti-Money Laundering Directive (Directive (EU) 2018/843) came into effect on 1 January 2020. Since then many of the amendments to the German Anti-Money Laundering Act have been discussed without much ...

11 February 2021
Bird & Bird advises aam2cred Debt Investments on investment by Union Investment
www.twobirds.com/en/news/press-releases/2021/germany/bird-and-bird-beraet-aam2cred-debt-investments-bei-beteiligung-durch-union-investment

Bird & Bird LLP has advised the shareholders of aam2cred Debt Investments GmbH, formerly aamundo Fund Management, on the investment process by Union Investment, which has taken a 10% stake in the private debt manager. ...