BaFin and the Finfluencers – Part 2
In an update to its guidance note on the concept of investment advice, BaFin confirms that finfluencers generally…
What do the party manifestos have to say about ‘our’ payment topics?
Some highlights from the German federal election manifestos 2025 Payments are not just a topic for lawyers. It…
Escrow accounts are becoming segregated accounts (only)
Changes to the German safeguarding regime of customer funds pursuant to Section 17 of the German Payment Services…
Quo vadis, financial sector? DORA comes into effect
The Regulation (EU) 2022/2554 on digital operational resilience in the financial sector (DORA) is a significant milestone in…
Barrierefreiheitsstärkungsgesetz and accessibility requirements for banks: Towards an inclusive future
In this article, we take a closer look at the Barrierefreiheitsstärkungsgesetz (Accessibility Reinforcement Act “-BFSG”) and its significance…
BaFin publishes guidance on documentation requirements under DORA
With just under a month to go before the Digital Operational Resilience Act (DORA) comes into force, the…
Banking Exchange 2024: The BEXofChange
From September 18 to 19, Payment & Banking invites you to the Banking Exchange 2024. Under the motto…
Interest rate and credit spread risks in the banking book
BaFin publishes 8th MaRisk amendment With Circular 06/2024 (BA), BaFin published the 8th amendment to the Minimum Requirements…
Still a payment service or already the issuance of e-money?
This is the question currently dealt with in front of the European Court of Justice in Case C-661/22.…
E-money under PSD3 and PSR
On June 28, 2023, the EU Commission presented proposals for a Payment Services Directive 3 (“PSD3“) and a…
The metamorphosis of a payment instrument into a payment app
If you “google” the term payment app, you come across Apple Pay, Google Pay, Payback Pay, Bluecode, PayPal…
EBA’s Final Guidelines on Remote Customer Onboarding Solutions – Technological Neutrality as a Premise
After having publicly consulted on the draft Guidelines on the use of remote customer onboarding solutions until March…
BaFin’s latest adjustments to the MiFID conduct of business obligations
According to the newly amended FAQ of the German Federal Financial Supervisory Authority (BaFin) on the MiFID II…
Revised regulatory technical standards on strong customer authentication and common and secure communication under PSD2
Revised RTS on SCA & CSC under PSD2 On 5 April 2022, the European Banking Authority (EBA) published…