AuA 2.0: BaFin consultation on the application and interpretation of the Money Laundering Act
BaFin has published an updated version of its application and interpretation notes on the Money Laundering Act for…
September, sun and blockchain – See you in Barcelona?
The European Blockchain Convention is taking place in Barcelona for the 10th time. The two-day event will bring…
The EU Digital Identity Wallet
Another wallet? Another payment scheme? No, the EU Digital Identity Wallet has a bit of a misleading name…
Cloudy with a chance for DORA
ECB publishes consultation paper on cloud outsourcing On June 3, 2024, the European Central Bank (ECB) published a…
AML package (5) – exception for tied credit intermediaries?
The EU AML package was published in the Official Journal of the European Union on 19 June 2024.…
Interest rate and credit spread risks in the banking book
BaFin publishes 8th MaRisk amendment With Circular 06/2024 (BA), BaFin published the 8th amendment to the Minimum Requirements…
Annerton’s Guide to Markets in Crypto-Assets Regulation (MiCAR)
The Markets in Crypto-Assets Regulation (MiCAR) aims to promote an innovative crypto ecosystem in the EU. It regulates…
PSD3/PSR and the possible end of the exemption for central settlement agents
The German legislator has made the commercial agent exemption contained in PSD2 applicable not only to commercial agents,…
Minimum risk management requirements for ZAG institutions – ZAG-MaRisk
On 27 May 2024, the German Federal Financial Supervisory Authority (“BaFin”) published the final version of its circular…
Video identification: Draft regulation of the Federal Ministry of Finance
On 18 April 2024, the Federal Ministry of Finance (BMF) published the draft of an ordinance on money…
All about DORA – impact and recommendations for financial companies
What is DORA? With DORA, Regulation (EU) 2022/2554 on digital operational resilience in the financial sector (Digital Operational…
The Digital Euro in the European Election Campaign
The European Commission’s proposal to regulate the digital euro (D€) has been on the table since June 28th,…
Is factoring now subject to insurance tax?
In the recent past, we have increasingly observed that the Federal Central Tax Office (BZSt) wants to subject…
News on the prevention of money laundering and terrorist financing by insurance companies
If insurance companies conduct transactions with an affinity for money laundering/terrorism financing (especially life insurance transactions, products with…