Time to read: The must-reads on payment transaction law
Believe it or not, there is a silver lining to being in lockdown and having to cancel Easter…
Section 154 AO German Fiscal Code: Small change, big cost
As part of the implementation of the 5th Anti-Money Laundering Directive, the German legislator introduced a small change…
The EBA will be calling the shots in the future regarding anti-money laundering
Authors: Stephanie Wagner, Peter Frey // On 5 February 2020, the European Banking Authority (“EBA”) published a new…
New year, new law for the implementation of the fifth Anti-Money Laundering Directive
On 1 January 2020, the new Act on the Implementation of the fifth Anti-Money Laundering Directive (5AMLD) entered…
PayTechTalk 46 – Crypto custody business: Amendments to the KWG in connection with the implementation of the fifth Anti-Money Laundering Directive
At first glance, the “Act implementing the Amending Directive of the fourth EU Anti-Money Laundering Directive” does not…
Draft law to implement the 5th Anti-Money Laundering Directive – what is coming and what will remain the same?
On 20 May 2019, the German Federal Ministry of Finance (BMF) presented its draft for the implementation of…
PayTechTalk 39 – Draft law of the German Ministry of Finance regarding the implementation of AMLD5
In today’s episode of PayTechTalk, we – that is Christian, Hugo and myself – will be looking at…
PayTechTalk 35 – About BaFin’s Instructions for the Interpretation and Application of the German Anti-Money Laundering Act (IIA)
The instructions for the interpretation and application (IIA) of the German Federal Financial Supervisory Authority (BaFin) on…
BaFin’s Instructions for the Interpretation and Application of the German Anti-Money Laundering Act (IIA)
On 11 December 2018, the German Federal Financial Supervisory Authority (hereinafter referred to as “BaFin”) published its Instructions…