Video: Last minute gift | PayTechLaw advent calendar #24
For this Christmas Eve we have prepared a very special lesson, which is especially useful for those who…
Outsourcing | PayTechLaw advent calendar #19
The term outsourcing appears in several laws, e.g. in section 26 ZAG, section 25b KWG and section 17…
The strong customer authentication | PayTechLaw advent calendar #10
Strong Costumer Authentication (SCA) is a special form of authentication which is regulated in §§ 1 para. 24.…
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…