EEvents Read More 2 minute read From ‘A for acquirer’ to ‘Z for ZAG licence’: our PayTechLaw glossary gives guidancebyChristian Walz3. November 2020 Update | 3.11.2020 265 glossary terms. These are 136 German and 129 English explanations of industry-specific technical terms,… 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
PPodcast Read More 1 minute read PayTechTalk 57 – Licence rental, License as a Service, Banking as a Service, BIN Rental, BIN Sponsoring, Sponsor bank relationshipbyDr. Susanne Grohé,Christian Walz22. October 2020 In his last blog article, Christian dealt with licence rental and gave an example to show what to… Read More
BBanking Read More 4 minute read Need a licence? Licence rental simply explainedbyChristian Walz13. October 2020 Who amongst us is not familiar with this situation? You have a great business idea for a revolutionary… 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
TTax Read More 5 minute read Income tax: Last chance self-indictment? What do Airbnb lessors and (former) investors at Austrian banks have in common?byDr. Steffen Rapp2. October 2020 What happened? New (Fin)tech platforms have led to the rise of innovative business models such as Airbnb which… 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
PPodcast Read More 3 minute read PayTechTalk 56 – Custody of Digital AssetsbyFrank Müller17. September 2020 PayTechTalk #56 again represents a very special episode. In this episode we will discuss with four renowned Blockchain… Read More
AAnti Money Laundering Read More 5 minute read eIDAS and AMLD5: A perfect match?byCharles Krier,Katharina Wagener10. September 2020 In the fight against money laundering and terrorist financing, accurate identification and verification of customer data are an… Read More
RRegulatory Read More 5 minute read BaFin Guidance Notice on planned reforms regarding members of management / supervisory bodies (part 2)byPeter Frey,Kemal Ahmedi8. September 2020 In part 1, we provided some background information to the updated BaFin guidance notices entitled “Guidance Notice on… Read More
CCrypto & digitisation Read More 6 minute read Crypto Currencies & Crypto Custody Services: The Custody of Digital Assets under Investment LawbyAlireza Siadat,Dr. Anna L. Izzo-Wagner1. September 2020 In our first part, we have already dealt with the core questions and problems related to the safekeeping… Read More
RRegulatory Read More 6 minute read BaFin Guidance Notice on planned reforms regarding managing directors pursuant to the KWG, ZAG and KAGB (part 1)byPeter Frey,Kemal Ahmedi25. August 2020 BaFin is currently working on updating its “guidance notice on managing directors pursuant to the KWG, ZAG and… Read More
TTax Read More 4 minute read VAT-moratorium for single-purpose vouchers?byDr. Steffen Rapp18. August 2020 Special rules for the VAT treatment of vouchers since 1 January 2019 Since 1 January 2019 new rules… Read More