State Treaty on Gambling 2021: Online gambling soon legal throughout Germany – impact on payment transactions
“This offer is only valid for persons with an address and habitual residency in Schleswig-Holstein.” Some of you…
Financial Market Integrity Strengthening Act (FISG): What changes does the government draft bring?
In our article “Draft bill on the Financial Market Integrity Strengthening Act (FISG) – Increased controls, more sovereign…
Video: Last minute gift for christmas
For this Christmas Eve we have prepared a very special post, which is especially useful for those who…
The strong customer authentication | FinTech online course #10
Strong Costumer Authentication (SCA) is a special form of authentication which is regulated in §§ 1 para. 24.…
Outsourcing | FinTech online course #19
The term outsourcing appears in several laws, e.g. in section 26 ZAG, section 25b KWG and section 17…
Draft bill on the Financial Market Integrity Strengthening Act (FISG) – Increased controls, more sovereign powers and threats of punishment as a deterrent
On October 26, 2020, the German Federal Ministry of Finance (Bundesministerium der Finanzen – BMF) and the German…
eIDAS and AMLD5: A perfect match?
In the fight against money laundering and terrorist financing, accurate identification and verification of customer data are an…
The EBA’s consultation paper on money laundering and terrorism financing risk factors – changes for e-money issuers?
The European Banking Authority (“EBA”) published a new consultation paper in February 2020 on revised guidelines on money…
Draft law: The notification obligation as a prerequisite for debt collection reimbursement claims
Many consumers are struggling when it comes to the topic of debt collection and do not know what…