LLegal Read More 5 minute read Electronic vouchers: Which license requirements do exist for the issuance and distribution?byChristian Walz24. February 2021 Vouchers are a useful thing. You can get them in the supermarket around the corner, even there is… Read More
PPayment Read More 5 minute read SEPA Proxy Lookup (SPL) – Mobile Payment with your phone numberbyCharles Krier30. November 2020 After having outlined the functionalities of the SEPA Request-to-Pay scheme developed by the European Payments Council (EPC), this… Read More
PPayment Read More 11 minute read EPI: The destination is clear but now how we get there (part 2)byDr. Hugo Godschalk19. November 2020 Update on the European Payments Initiative (EPI) and the EU Retail Payments Strategy (RPS) In the first part… Read More
PPayment Read More 5 minute read SEPA Request-to-Pay (SRTP | R2P)- the messaging service for paymentsbyDr. Susanne Grohé27. October 2020 SEPA Request-to-Pay (SRTP) is a new scheme by the European Payment Council, similar to SEPA Credit Transfer (SCT),… Read More
PPayment Read More 3 minute read BaFin inspecting general terms and conditions: What do payment and other financial services providers need to be aware of?byPeter Frey,Kemal Ahmedi6. October 2020 When drafting general terms and conditions (“T&C”), the “opponents” are generally your contractual partners as well as consumer… Read More
PPayment Read More 7 minute read The EPI: The destination is clear but not how we get there (part 1)byDr. Hugo Godschalk29. September 2020 New information on the European Payments Initiative (EPI) and the EU’s Retail Payments Strategy (RPS) On 2 July,… Read More
AAnti Money Laundering Read More 6 minute read Comment on the draft general ruling of BaFin regarding Sec. 24c KWG and virtual IBANbyDr. Susanne Grohé24. September 2020 BaFin has published a general ruling on 7 September 2020, pursuant to which credit institutions are obliged to… Read More
PPayment Read More 9 minute read Interchange Fee Regulation: a stimulus package for acquirers?byDr. Hugo Godschalk16. July 2020 EU Regulation 2015/751 on interchange fees for card-based payment transactions – more commonly known as the Interchange Fee… Read More
PPayment Read More 5 minute read Legal, illegal, who cares? – Sanctions for payment services and e-money business without a licencebyChristian Walz16. June 2020 As part of our daily advisory work, we often have to consider whether a license is required for… Read More
PPayment Read More 10 minute read PEPS-I: Monnet 2.0 or SCT Inst?byDr. Hugo Godschalk10. March 2020 Since mid-2019, around 20 banks from 9 eurozone countries have been discussing behind closed doors a concept for… Read More