Europe’s Renewed Push for Prosperity: Spotlight on the Savings and Investments Union
In its communication dated 19 March 2025, the European Commission unveiled an ambitious initiative with the potential to…
Barrierefreiheitsstärkungsgesetz – Easy language, contracts and general terms and conditions
We have already looked at the Barrierefreiheitsstärkungsgesetz (“BFSG”) and its significance for the banking and payment services industry…
Brussels is negotiating, the market is waiting: What’s next for FiDA?
There has been a lot of activity around FiDA recently. In February 2025, a rumour spread that the…
BGH overturns clauses on custody fees
Negative interest is dead; long live negative interest? In two now published decisions of 4 February 2025 (XI…
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…