PayTechTalk 45 – Chinese payment methods: what makes WeChat Pay, Alipay and co. so successful?
In today’s episode of PayTechTalk, we will for once not focus primarily on legal and regulatory issues. Rather,…
New regulatory requirements for outsourcing
Background. In the current context of digitisation and the increasing importance of information and financial technologies on the…
ATMs & VAT: CJEU ruling regarding the outsourcing of ATM operations
We have already reported several times on the VAT exemption for so-called white label structures and particularly on…
Crypto tokens: BaFin provides details on administrative practice
On 16 August 2019 the German Federal Financial Supervisory Authority (BaFin) published a new guidance note regarding crypto…
Opinion on the draft EBA guidelines on loan origination and monitoring: Please accept technology as part of banking!
The European Banking Authority (EBA) has carried out a consultation on draft guidelines on loan origination and monitoring.…
Let the music play: The distribution of e-money and payment institutions in the EU
Would you like to play a little guessing game? Yes? Great! The question to be answered is: What…
Interchange Fee Regulation: Good things come to those who wait?
PayTechLaw already had a look at the Interchange Fee Regulation last year. Back then, I looked into queer…
Strong customer authentication: a summary of the key sources regarding SCA
The 14th of September 2019 marked the deadline for the implementation of the new requirements regarding strong customer…
The tax treatment of Libra: old wine in new barrels?
What is the Libra cryptocurrency? Libra is a cryptocurrency which, like other cryptocurrencies, is based on a blockchain…
Cash machines & VAT: Is outsourcing the operation of cash machines exempt from VAT?
In my blog entry last year, I took a general look at the VAT exemption of so-called white…
Is Libra e-money?
Is Libra e-money or rather a virtual currency? Since Libra is based on blockchain technology, it would stand…
Update regarding payments in kind: Vouchers, prepaid cards etc. to remain exempt from payroll tax and social security contributions for employees?
The draft law in its current form On 8 May 2019, the German Federal Ministry of Finance (BMF)…
PayTechTalk 44 – Crypto values and crypto custody business: news regarding crypto regulation
A little while ago, we reported on the draft bill for the implementation of the 5th EU Anti-Money…
Draft law to implement the 5th Anti-Money Laundering Directive – what is coming and what will remain the same?
On 20 May 2019, the German Federal Ministry of Finance (BMF) presented its draft for the implementation of…