Factoring and guarantee business in contrast to payment services | FinTech online course #13
When a company wants to develop new financial or payment products, the question always arises as to whether…
What is a financial instrument? | FinTech online course #14
Today we want to take a closer look at the legal concept of a financial instrument and its…
Financial services relating to the distribution of financial instruments | FinTech online course #15
Today, we want to look at several financial services that may be eligible in connection with the distribution…
Crypto custody business | FinTech online course #16
The crypto custody business is a novelty and a German singularity. In the course of the implementation of…
Authorisation procedure in accordance with the ZAG | FinTech online course #17
6In case you wish to carry out an e-money-business or to provide banking, payment, or financial services, you…
Requirements for maintaining a BaFin Licence | FinTech online course #18
In our yesterday’s blog post, we dealt with the question how to obtain a BaFin licence for payment…
Outsourcing | FinTech online course #19
The term outsourcing appears in several laws, e.g. in section 26 ZAG, section 25b KWG and section 17…
What are the obligations under German AML law? | FinTech online course #20
Before answering this question, we must first clarify who has to comply with the German AML law. Legally…
KYC and KYB – identification pursuant to Anti-Money Laundering Act | FinTech online course #21
As we have already learned in the last article, the identification of the customer is only one of…
Passporting | FinTech online course #22
In case you wish to carry out an e-money-business or to provide banking, payment, or financial services, you…
A FinTech online course in 24 small lessons. The PayTechLaw advent calendar is coming!
What is the beauty of Christmas? The anticipation! And of course, the countdown by advent calendar. But candy…
SEPA Proxy Lookup (SPL) – Mobile Payment with your phone number
After having outlined the functionalities of the SEPA Request-to-Pay scheme developed by the European Payments Council (EPC), this…
EPI: The destination is clear but now how we get there (part 2)
Update on the European Payments Initiative (EPI) and the EU Retail Payments Strategy (RPS) In the first part…
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…