Electronic vouchers: Which license requirements do exist for the issuance and distribution?
Vouchers are a useful thing. You can get them in the supermarket around the corner, even there is…
State Treaty on Gambling 2021: Online gambling soon legal throughout Germany – impact on payment transactions
“This offer is only valid for persons with an address and habitual residency in Schleswig-Holstein.” Some of you…
Financial Market Integrity Strengthening Act (FISG): What changes does the government draft bring?
In our article “Draft bill on the Financial Market Integrity Strengthening Act (FISG) – Increased controls, more sovereign…
Draft bill on the Financial Market Integrity Strengthening Act (FISG) – Increased controls, more sovereign powers and threats of punishment as a deterrent
On October 26, 2020, the German Federal Ministry of Finance (Bundesministerium der Finanzen – BMF) and the German…
P2B Regulation or “platform, be kind to your merchants”
With the P2B Regulation (EU) 2019/1150, the EU now sets out rules for online platforms and online marketplaces…
Draft law: The notification obligation as a prerequisite for debt collection reimbursement claims
Many consumers are struggling when it comes to the topic of debt collection and do not know what…
Strong customer authentication: a summary of the key sources regarding SCA
The 14th of September 2019 marked the deadline for the implementation of the new requirements regarding strong customer…
EBA clarification: Setting up a SEPA direct debit mandate does not require strong customer authentication
After the European Banking Authority (EBA) sparked considerable excitement with one of its answers given in the Q&A…
Strong customer authentication for online SEPA direct debits: BaFin’s clarification
You shall never ask me? But questions are useful as sometimes answers are indeed given… In one of…
You shall never ask me (Nie sollst Du mich befragen) – the possibly dim future of online SEPA direct debit payments
A new response by the EBA in their Q&A tool may have a huge impact on the future…