PayTechTalk 52: French antitrust authority launches sector inquiry into Fintech sector
In today’s episode of PayTechTalk, I am talking to Dr. Hendrik Reffken about the sector inquiry launched by…
Legal, illegal, who cares? – Sanctions for payment services and e-money business without a licence
As part of our daily advisory work, we often have to consider whether a license is required for…
Light and shadow: The revised version of the BaFin guidance note on guarantee business
On 3 April 2020, BaFin published its new guidance note on guarantee business (“New Guidance Note“). In practice,…
Bitcoin & Co.: current caselaw regarding the taxation of profits from the purchase and sale of cryptocurrencies
Background In part 1 and part 6 of my posts on the taxation of cryptocurrencies, I looked into…
Finally: vouchers and prepaid cards are still considered payments in kind pursuant to the German Payment Services Supervision Act (ZAG)
Amendments applicable to vouchers and prepaid cards Last year, I reported on the conditions under which vouchers &…
PayTechTalk 51: Small donation – Big impact: SmallChangeCard – OpenStreetPay brings digital change to homeless people
Every crisis hits society‘s most vulnerable members the hardest. The Corona crisis is no different and consequences of…
More lawsuits again regarding the provision of instructions on the right of withdrawal?! The CJEU ruling of 26 March 2020
The subject of information on the right of withdrawal or instructions regarding the right of withdrawal (hereinafter referred…
PayTechTalk 50: Crypto custody business – requirements for submitting a licence application to the BaFin
In today’s special anniversary episode of PayTechTalk, I’ll be talking to Alireza Siadat, a lawyer practising in the…
The EBA’s new consultation paper on the risk factors associated with combating money laundering – what is this about?
On 5 February 2020, the European supervisory authority (European Banking Authority “EBA”) published a new consultation paper on…
Corona vouchers
Would you prefer a Corona bond or a Corona voucher? If you ask me, I would prefer the…
PayTechTalk 49 – Time of crisis – time for vouchers? Prepaid products to help with the crisis
Everyone is currently talking about the “Corona crisis” and of course it also affects our day-to-day life here…
Information obligations pursuant to the EU Fees Amendment Regulation: The implementation deadline is drawing ever nearer! Have you implemented everything yet?
Payment service providers are obliged to implement some of the requirements of EU Regulation 2019/518 (“EU Fees Amendment…
Time to read: The must-reads on payment transaction law
Believe it or not, there is a silver lining to being in lockdown and having to cancel Easter…
Section 154 AO German Fiscal Code: Small change, big cost
As part of the implementation of the 5th Anti-Money Laundering Directive, the German legislator introduced a small change…