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  1. Legal news
    03 December 2019
    PSD2: transitional period for strong customer authentication for remote card payments in Italy
    www.twobirds.com/en/news/articles/2019/italy/psd2-transitional-period-for-strong-customer-authentication-for-remote-card-payments-in-italy

    On 29 November 2019, Bank of Italy has issued a press release where it announced that it will grant an adjustment period until 31 December 2020 to comply with the PSD2 strong customer authentication (SCA) requirement ...

  2. Legal news
    05 February 2020
    PSD2 and limited network exclusion (e.g. gift cards): by 30 April 2020, issuers of payment instruments covered by the limited network exclusion shall fulfil their reporting obligation towards Bank of Italy
    www.twobirds.com/en/news/articles/2020/italy/psd2-and-limited-network-exclusion-by-30-april-2020-issuers-of-payment-instruments

    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 ...

  3. Legal news
    01 April 2020
    PSD2 and limited network or limited range exclusions (e.g. gift cards): the deadline for reporting data relating to the activity carried out in 2019 has been postponed to 30 June 2020 in Italy
    www.twobirds.com/en/news/articles/2020/italy/psd2-and-limited-network-or-limited-range-exclusions

    Due to the current emergency caused by the COVID-19 epidemic, Bank of Italy has postponed from 30 April to 30 June 2020 the deadline for reporting data relating to the activity carried out in 2019 by the issuers of ...

  4. Legal news
    23 June 2020
    Tax credit on commissions related to electronic payments: Revenue Agency and Bank of Italy Regulations
    www.twobirds.com/en/news/articles/2020/italy/tax-credit-on-commissions-related-to-electronic-payments

    As part of the so-called Italian Budget Law 2020, the Government has introduced measures to promote the use of non-cash means of payment.

  5. Legal news
    20 December 2018
    Technology & Communications: Challenges, Opportunities and Predictions for 2019
    www.twobirds.com/en/news/articles/2018/global/technology-and-communications-challenges-opportunities-and-predictions-for-2019

    As we approach the start of a new year we have asked our legal experts supporting technology & communications clients from around the world to identify some of the challenges and opportunities the sector is likely to ...

  6. Legal news
    16 October 2019
    EU Foreign Direct Investment Screening: What Investors Need to Know
    www.twobirds.com/en/news/articles/2019/global/eu-foreign-direct-investment-screening-what-investors-need-to-know

    In the fall of next year, the long anticipated EU Foreign Direct Investment Screening Regulation will apply. The regulation is likely to have a significant impact on FDI within the EU – both within Member States that ...