Factoring and anti-money laundering law: Which requirements under money laundering law shall a factoring company meet?
The following article provides an overview of the requirements that factoring companies have to meet with regard to…
What are the obligations under German AML law? | PayTechLaw advent calendar # 20
Before answering this question, we must first clarify who has to comply with the German AML law. Legally…
Factoring and guarantee business in contrast to payment services | PayTechLaw advent calendar #13
When a company wants to develop new financial or payment products, the question always arises as to whether…
No flood of lawsuits regarding the instructions on the right of withdrawal after all?
The German Federal Supreme Court’s reaction to the CJEU’s ruling of 26 March 2020 In my blog entry…
More lawsuits again regarding the provision of instructions on the right of withdrawal?! The CJEU ruling of 26 March 2020
The subject of information on the right of withdrawal or instructions regarding the right of withdrawal (hereinafter referred…
P2B Regulation or “platform, be kind to your merchants”
With the P2B Regulation (EU) 2019/1150, the EU now sets out rules for online platforms and online marketplaces…
Factoring – What factoring licence should I apply for?
It is clear that anyone wishing to carry out factoring in Germany first needs a factoring licence. However,…
PayTechTalk 32 – Payment Account and Co. | The “old” Payment Accounts Act. What applies from 31 October 2018?
The Payment Accounts Act is an “old” law dating from April 2016 but it is going to be…