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…
BGH overturns clauses on custody fees
Negative interest is dead; long live negative interest? In two now published decisions of 4 February 2025 (XI…
The End of the ODR platform – changes to Terms and Conditions are pending
As of 20 July 2025, the EU will discontinue the Online Dispute Resolution Platform (ODR Platform). This platform…
BaFin and the Finfluencers – Part 2
In an update to its guidance note on the concept of investment advice, BaFin confirms that finfluencers generally…
BaFin and the Finfluencers – Part 1
Influencers who provide product recommendations via social media are engaging in a business model that has long become…
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…
The questionable figures to the German payment market of the German Council of Economic Experts
The new annual report on the assessment of macroeconomic developments 2024/2025 by the German Council of Economic Experts…
Video identification: Draft regulation of the Federal Ministry of Finance
On 18 April 2024, the Federal Ministry of Finance (BMF) published the draft of an ordinance on money…
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.…
ECJ Judgment: Access to the beneficial ownership register for the general public inadmissible without demonstration of a legitimate interest
In its judgment of 22 November 2022 in Joined Cases C-37/20 and C-601/20, the European Court of Justice…
Brexit: The Peacock Spreads His Feathers – BaFin Intensifies Its Efforts To Attract UK Institutions
Brexit: The German Federal Financial Supervisory Authority (BaFin) started a number of initiatives to attract UK based banks and financial institutions.