German Location Promotion Act (StOFöG) Enters into Force – Employee and Complaint Notifications Abolished
With the promulgation of the Location Promotion Act (Standortförderungsgesetz – StOFöG) on 9 February 2026, an initial step…
AI in the Financial Sector: Why Supervision and Governance Are Now Crucial | ALLES LEGAL #125
Artificial intelligence is fundamentally reshaping the financial sector – yet its growing use also raises pressing questions around governance and supervision. Find out what this means in the latest episode of “Alles Legal – Fintech-Recht kompakt”. Tune in now!
EUDI-Wallet: Liability, Recourse & Risks in Payment Transactions | ALLES LEGAL #123
Even when using the EUDI-Wallet, the bank remains the first point of contact for liability – but what happens when it seeks recourse? In episode #123, Peter Frey explains why the lack of clear legal rules creates risk for everyone involved.
EUDI-Wallet: KYC, SCA & Digital Signature in One System | ALLES LEGAL #122
The EUDI-Wallet fundamentally changes KYC processes, strong customer authentication (SCA) and digital contract signing. This episode covers key use cases, tangible benefits for banks, and the regulatory perspective – and explores why the Wallet is more than just another identification tool.
From EBA to AMLA – Handover of the EU’s AML/CFT mandate
By 31 December 2025, the European Banking Authority (EBA) will transfer its AML/CFT mandates, powers and resources to the Anti-Money Laundering Authority (AMLA). In his latest article, Charles Krier, Avocat à la Cour and Partner at Annerton, explains how this handover has been implemented thus far and its implications for obliged entities.
The EBA Report on White Labelling and its learnings for BaaS providers
The European Banking Authority (EBA) has published a Report on White Labelling dedicated to the growing use of white labelling (or “banking as a service” or “fronting banking”) as a business model within the EU financial sector.
The WpI MaRisk – Guidelines for Investment Firms in Light of Proportionality
In early August, BaFin published its draft of the WpI MaRisk – the minimum requirements for the risk management of investment firms. With this circular, now open for consultation, BaFin complements the institution-specific regulatory framework and establishes a flexible, practical approach to implementing proper business organisation in line with the WpIG.
PSR: Proposal for greater transparency of merchant fees in the card business
Trialogue negotiations on the PSR and PSD3 are expected to start at EU level shortly after the summer break. The European Council set out its position on 13 June 2025. For the PSR, the Council proposes in Article 31a to improve the transparency of merchant fees for card-based payment transactions.
Banking Exchange 2025: The “All in” for the future of Banking
Raise the stakes – on 16 September 2025, Frankfurt becomes the playing field of forward-thinkers as Payment & Banking hosts the legendary Banking Exchange (BEX). Under the motto “BEX in the Game”, this year’s event is all about the future of banking – and you can have a seat at the table.
Finfluencers – Facing Headwinds from All Directions
Finfluencers are under pressure: Tax authorities are investigating evasion, BaFin is tightening oversight, and a BGH ruling on distance learning adds fuel to the fire.
Verification of Payee (VoP) under the Instant Payment Regulation (EU): Who are we sending our money to?
The EU’s Instant Payments Regulation[1] (IPR) introduces a major new obligation for payment service providers (PSPs) across Europe: the Verification of Payee (VoP). This measure is designed to enhance trust and security in payments, particularly in the fight against fraud. In this article, we unpack the main aspects of the VoP requirement, based on the IPR’s provisions.
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…