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On January 9, 2019, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) each published advice on crypto-assets to the European Commission (EC) and the European Union ...
On 25 February 2019, the European Banking Authority (EBA) published their final report on their guidelines on outsourcing arrangements.
On 11 March 2019, the European Banking Authority (EBA) published clarifications to the first set of issues that had been raised and discussed by participants of its Working Group (WG) on Application Programming ...
Regulators in eight Member States (Belgium, Czech Republic, Denmark, Finland, Italy, Lithuania, Netherlands, UK) have entered into a memorandum of understanding (MoU) which aims to develop a consistent approach to ...
In February 2020, a report submitted to the French Minister of the Economy and Finance (available here – the Report) suggests that a data localisation requirement should be imposed on payments data, and that France ...
Directors have a duty to act in the best interests of the company. A director has the following general duties under the Companies Act 2006:
Card issuers, acquirers and merchants are among those preparing for a public hearing to take stock of the EEA Interchange Fee Regulation (Regulation (EU) 2015/751 – IFR), due to be organised by the European Commission ...
On 18 February, the Council of the European Union approved a series of rules (including a Directive and a Regulation) aimed at facilitating the detection of tax fraud for VAT purposes in cross-border payment ...
In July 2020, the European Data Protection Board (“EDPB”) published its guidelines on the interplay between PSD2 and GDPR for public consultation. Bird & Bird has filed a response to such public consultation which ...
On 24 September 2020, the European Commission unveiled its Digital Finance Package.
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