Financial services – The same word, but not the same meaning under regulatory law and civil law
What are financial services? What are financial services? One might think that this question can be answered unambiguously.…
Essential civil law requirements for payment services | FinTech online course #11
In addition to regulatory requirements, payment service providers shall also comply with civil law requirements, which can be…
BaFin inspecting general terms and conditions: What do payment and other financial services providers need to be aware of?
When drafting general terms and conditions (“T&C”), the “opponents” are generally your contractual partners as well as consumer…
BaFin Guidance Notice on planned reforms regarding members of management / supervisory bodies (part 2)
In part 1, we provided some background information to the updated BaFin guidance notices entitled “Guidance Notice on…
BaFin Guidance Notice on planned reforms regarding managing directors pursuant to the KWG, ZAG and KAGB (part 1)
BaFin is currently working on updating its “guidance notice on managing directors pursuant to the KWG, ZAG and…
Information obligations, transparency and equal fees: The rules introduced by the EU Fees Regulation are just around the corner
On 15 December 2019, the first amendments introduced by Regulation (EC) No. 924/2009 on cross-border payments within the…