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The Danish FSA recently issued a statement addressing possible exemption for financial management systems, ERP systems and similar systems with an integrated payment function from the requirement of strong customer ...
The new executive order on outsourcing for credit institutions etc. – expected to become effective on 1 July 2020 – introduces stricter requirements for corporate governance and for new and existing outsourcing ...
On 2 April 2020, the Danish government has passed act no. 348 on postponement of holidays in connection with COVID-19 allowing employers to postpone employees’ holidays accrued to the next holiday period.
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 ...
On 31 July 2018, the European Banking Authority (EBA) published its final report on draft regulatory technical standards (RTS) on cooperation between competent authorities in home and host Member States in the ...
Our payment services team summarise the FCA's latest Consultation Paper on the Regulatory Technical Standards on Strong Customer Authentication and Common and Secure Communication.
The European Commission (EC) published a statement on 9 April 2020, in relation to the revised EU Cross-Border Payments Regulation (CBPR2). In that statement, the EC refers in particular to the CBPR2 provisions on ...
On 12 August 2020, the European Banking Authority (EBA) launched a Regtech industry survey inviting all relevant stakeholders, such as financial institutions and ICT third party providers, to share their views and ...
As the Novel coronavirus (COVID-19) pandemic continues to spread across the globe, people and businesses are facing unprecedented challenges, both immediate and strategic. Governments in various jurisdictions have ...
On 20 February 2020, the Danish Financial Supervisory Authorities (Danish FSA) published consultations on two new executive orders on outsourcing in the financial sector setting out the requirements to financial ...
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