Lex Apple Pay – Take Two
In autumn 2019, the so-called “Lex Apple Pay” was introduced as Section 58a German Payment Services Supervisory Act…
Legislator Extends Money Laundering Offence | Massive consequences for those obliged to comply with the AMLA
The legislator indirectly extends the obligations of those who are obliged to make suspicious activity reports according to…
Fee and contract amendment clauses in banks’ GTCs invalid
In its ruling of 27 April 2021, the German Federal Court of Justice (“BGH”) declared fee and contract…
Strengthening Germany as a fund jurisdiction and promoting start-ups through the Fund Jurisdiction Act
On 22 April 2021, the Fund Jurisdiction Act (Fondsstandortgesetz – FoStoG)[1] was passed by the German parliament (Bundestag).…
Welcome to PayTechLaw’s FinTech online course!
This FinTech online course is designed for everyone who wants to quickly learn about legal topics that are…
Focus on the Retail Payments Strategy
Part of the Digital Finance Package Within the Digital Finance Package adopted by the European Commission (EC) in…
German Federal Court of Justice (BGH) confirms: Surcharging prohibition of Sec. 270a BGB does not apply to PayPal and Sofort
The BGH decision is the final point of a long legal dispute between FlixMobility and the Centre for…
Should e-money be a universal medium of exchange?
Payment systems regulatory law has recognized three types of money so far: cash (banknotes and coins), scriptural money…
PayTechTalk 62 – MiCAR, DeFi and NFT
In this episode of PayTechTalk, Biyan Mienert is my guest. We talk about current blockchain and DLT-related topics:…
Crowdfunding Regulation and lending platforms – Hooray, no fronting bank needed anymore!
In a previous blog post, we have presented the Crowdfunding Regulation (Regulation on “European Business CrowdfundingService Providers“, (EU)…
PayTechTalk 61 – The Financial Center Luxembourg
In this episode of PayTechTalk, Dr Susanne Grohé talks to Avocat à la Cour Charles Krier about Luxembourg…
Crypto-assets, fiat currency and aliens – some notes on the MiCAR (1)
At the end of September 2020, the European Commission presented its draft for a “Regulation on markets in…
Some personal thoughts on women in the fintech industry
March 8th, International Women’s Day, has recently been made a public holiday in Berlin, Germany. This allows me…
New supervisory regime for investment firms through the WpIG
According to the government draft, investment firms will be subject to a completely new supervisory regime – the…